Tsakos Tied to Bulker Order at Yangzijiang

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>

<< Nov 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 29 30 1 2

Offshore Wind Europe 2018

The Offshore Wind Europe speaker line-up is supported by executives who are leading the charge…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Petrochemical Supply Chain & Logistics Conference & Exhibition

The Petrochemical Supply Chain & Logistics Conference & Exhibition (15 – 16th November, Houston) is positioned at the forefront of the booming Petrochemical industry in North America.

This industry leading event is regarded as the most significant meeting place for supply chain & logistics professionals, where they meet to do business.

More Info

read more >

DREDGING FOR SUSTAINABLE INFRASTRUCTURE

The two-day-long programme offers six highly interactive sessions with contributions from…

read more >