Greece's George Economou is being named as the shipowner behind an order for very large ammonia carrier newbuildings (VLACs) at South Korea’s Samsung Heavy Industries.
On Tuesday, the Koje-based shipbuilder announced that it has won a contract to build a pair of such ships worth KRW 310.8bn ($240m), or $120m each.
Samsung did not disclose the identity of its counterpart, just disclosing that the buyer is from the Oceania region.
