Greek shipowner George Economou is said to have turned his attention to “small tankers” and has joined the dash for MR tanker newbuildings.
He was said to have ordered two vessels at a China State Shipbuilding Corp-controlled shipyard.
Industry players following Chinese shipbuilding activities said Jiangsu-based Chengxi Shipyard has struck a newbuilding deal with a company called An Tankers for two 50,000-dwt product carrier newbuildings that is worth about $84m in total — or $42m per ship.
