Angeliki Frangou's Navios Maritime group has signed a letter of intent for two VLCC newbuildings at Imabari Shipbuilding, Athens-based shipbrokers report.
The vessels would be completed in 2020 and will be ready for scrubber installation, according to the brokers. There was no indication as to how much the major Greek shipowner will pay for the ships.
Executives at Frangou’s Navios group of companies did not respond to a request for comment on the information.
