Tsakos Tied to Bulker Order at Yangzijiang

Beijing; Image Courtesy: Tsakos Hellas

Greek shipowner Tsakos Shipping and Trading, part of Tsakos Group, appears to have decided to bolster its dry bulk fleet with an order for up to four bulkers at Jiangsu Yangzijiang Shipbuilding.

The order includes two firm plus two optional bulkers of 82,000 dwt, according to Asiasis.

The shipowner is said to be paying USD 25.5 million for a vessel.

Delivery dates for the two bulkers have not been disclosed.

The order comes anent anticipated recovery of the dry bulk market over the coming period, with a major pick-up in rates expected in 2019 and 2020.

World Maritime News has approached Tsakos for a comment on the matter, however, the company is yet to reply.

The group operates a versatile fleet but is predominantly focused on the tanker market with over 70 tankers.

Based on its website data, Tsakos Group owns seven dry cargo vessels, including three Capesize bulkers and four Panamexes.

World Maritime News Staff

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >