Evalend reloads at Yangzijiang with $220m LR1 quartet

Kriton Lendoudis-led Evalend Shipping is returning to Yangzijiang Shipbuilding for four more LR1 product tankers, further expanding the Greek owner’s sizeable newbuilding programme in China. Brokers have placed Evalend behind four ships of around 74,000 dwt, with prices quoted at about $55m apiece, putting the deal at roughly $220m. Delivery slots are reported in the … Read full article →