Greek shipowner George Economou’s appetite for newbuildings shows no sign of being satiated.
With the ink hardly dry on a deal for a series of suezmax tankers at China’s New Times Shipbuilding, Economou’s TMS Tankers has signed a new tanker order with another Chinese shipyard for three 115,000-dwt product carriers.
The latest deal lifts Economou’s spending on tanker newbuildings in one month to about $460m.
