Greece’s Monte Nero Management is said to have expanded its orderbook with up to four product tanker newbuildings.
The Athens-based company is said to have commissioned Chinese ship repair company Cosco Heavy Industry Guangdong (Cosco HI Guangdong) to build the 50,000-dwt MR carriers.
According to market sources, Monte Nero has ordered two firm vessels to be delivered in 2027, with an option for two more.
