Latsco Shipping of Greece is moving into the VLCC segment with newbuildings as low prices continue to draw shipowners to book large tankers.
The company, which is led by Paris Kassidokostas-Latsis, has commissioned Hyundai Heavy Industries to construct two VLCCs for delivery in the second and third quarters of 2022.
Officials at HHI declined to comment on the order, citing contract confidentiality.
