Andriaki breaks newbuilding silence with LR1 pair

AI Summary

Greek tanker owner Andriaki Shipping has placed an order for two new LR1 tankers with China's New Times Shipbuilding, their first newbuilding contract in about a decade. The vessels will be scrubber-equipped and are expected to be delivered in 2030, at an approximate cost of $55.1 million each.

Greek tanker owner Andriaki Shipping has been linked to its first newbuilding order in about a decade.Brokers report the Marousi-based company has booked two 73,500 dwt LR1 tankers at China’s New Times Shipbuilding. The scrubber-fitted ships are priced at about $55.1m each and are expected to deliver in 2030. Neither Andriaki nor New Times has …