Greek tanker owner Arcadia Shipmanagement has been named as the owner behind a recent order for a pair of suezmaxes in South Korea.
The Athens-based outfit has signed up for 157,000 dwt newbuildings at HD Hyundai Samho at about $89m each with delivery expected in March and May 2029.
Shipbuilder HD Korea Shipbuilding & Offshore Engineering revealed the order in an exchange announcement last week, with shipbrokers identifying Arcadia as the counterparty.
Arcadia currently manages a fleet of nine tankers and has been steadily expanding through newbuildings in recent years.
Earlier this year, the company took delivery of two suezmax vessels — Aegean Fighter and Aegean Winner — from Hyundai yards, marking the first arrivals under its initial seven-vessel newbuilding programme. Another suezmax from the same series is due to join the fleet later this year.
Beyond the suezmax segment, Arcadia is also expecting four aframax/LR2 tankers from Dalian Shipbuilding Industry Co. in 2027 as part of a broader fleet expansion plan.
Source : Splash247
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