George Economou has emerged with twice as many newcastlemax bulkers under construction in China than previously thought.
TradeWinds reported in June that the Greek owner had stacked up orders for a quartet of 210,000-dwt bulkers at Cosco Shipping Heavy Industry (Yangzhou).
Brokers in Greece and the US, however, said last month that Economou had contracted another four identical vessels at the state-owned yard.