Evalend adds to expanding suezmax line-up
Source: Splash247
Evalend Shipping has moved to bulk up its suezmax newbuilding programme in South Korea, with the Greek owner eyeing another two units at HD Hyundai as crude tanker contracting continues at pace.
Shipbuilding players have linked the Kriton Lendoudis-led company to a fresh pair of 157,000 dwt newbuildings, understood to be scrubber-fitted and set to become the seventh and eighth vessels in Evalend’s growing series. The Athens-based owner has already ordered six suezmaxes at HD Hyundai Samho this year, alongside newbuilding activity in other sectors.
Deliveries for the latest duo are running from mid-2028 through the first quarter of 2029, according to brokers.
Lendoudis has emerged as one of Greece’s busiest players in the newbuilding market, with tankers, gas carriers and bulkers all included in a wide-ranging fleet renewal drive. Other Greek owners active in suezmax contracting this year include Dynacom Tankers, Stealth Maritime, Thenamaris, New Shipping, Centrofin, and Atlas Maritime, amongst others, underscoring a strong appetite for modern crude tonnage.
Shipping heavyweight John Fredriksen is also extending his suezmax footprint. His private investment vehicle, Seatankers Management, has reportedly returned to Chinese yards with an order for two 156,800 dwt suezmaxes at New Times Shipyard. The vessels, priced around $79m each, are scheduled for delivery between the third quarter of 2029 and the first quarter of 2030.
Seatankers already has multiple suezmaxes on the books at the same yard for delivery in 2027 and 2028, and sources say the company is also eyeing several newcastlemax bulker newbuildings in China as Fredriksen continues to stay active on the ordering front.
Meanwhile, shipbuilding databases list Evalend with more than 30 newbuilding projects, the majority of which are energy carrier vessels set to join the fleet of over 50 ships, with more than half currently being bulk carriers.
The latest moves add further momentum to a year that has seen sustained demand for crude tonnage, with Asian shipyards securing a steady stream of VLCC and suezmax business.
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