Delos Shipping Linked to Order of Up to 12 VLECs

MoneyIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license

US investment banking and principal investment firm Delos Shipping has been linked to an order of up to twelve very large ethane carriers (VLECs).

According to data provided by Asiasis, the company ordered the units from two South Korean shipbuilding majors, Samsung Heavy Industries and Hyundai Heavy Industries.

Delos Shipping reportedly placed firm orders for three ships at each shipyard, along with three options attached to each contract.

The units are scheduled to be handed over to their owner starting from the second half of 2020.

Asiasis added that the units would feature 93,000 cbm. Although the price of the vessels was not unveiled, it is understood that the shipbuilding deals could be worth up to USD 1.5 billion.

The shipbuilding order is reportedly the same one revealed earlier this week by Samsung Heavy. Namely, the shipbuilder said that it won a deal for the construction of three special-purpose ships with a value of KRW 415.7 billion (USD 371.5 million) from an undisclosed North American shipowner.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2019 >>
MTWTFSS
27 28 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

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

Electric & Hybrid Marine World Expo Conference 2019

Electric & Hybrid Marine World Expo Conference is the world’s only international conference…

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >