The Angelicoussis Group could be sending up to 45 of its 141 vessels for refits at Singaporean yard group Seatrium over the next three years as part of a “favoured customer contract” signed this week.

The contract calls for the refit of 10 to 15 LNG carriers, tankers and bulk carriers per year for the next two years and includes an option to renew for a further 12 months.