Marinakis lines up VLCC newbuilds in South Korea

Greek owner Evangelos Marinakis has secured a deal with Hanwha Ocean for two very large crude carriers, with deliveries scheduled for 2027. The agreement includes an option for an additional newbuild, costing approximately $125m each. Marinakis-controlled Capital also has six LNG dual-fuel VLCCs under construction at Dalian Shipbuilding Industry Co, with deliveries expected until 2028.

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