Evangelos Marinakis-controlled Capital Maritime & Trading has pencilled in a pioneering order with Hyundai Heavy Industries for up to 14 LNG-fuelled VLCC newbuildings worth more than $1.5bn.
The market this week has been alive with talk that Capital Maritime has signed a letter of intent (LOI) with HHI for 10 firm dual-fuel newbuildings, plus four options.
TradeWinds understands an LOI is in place for the 300,000-dwt vessels priced at about $110m each.
