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Monday, November 17, 2025
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Home Logistics News

Evalend swells suezmax orderbook in South Korea

September 7, 2025
in Logistics News, Supply Chain News
Evalend swells suezmax orderbook in South Korea
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Greek owner Evalend Shipping has bolstered its suezmax newbuilding orderbook in South Korea, with two additional units lined up for construction at HD Hyundai Samho.
Shipbuilding sources have named the Kriton Lendoudis-led company behind the recently announced order for a pair of 157,000 dwt newbuilds with delivery expected in October and December 2027.
The scrubber-fitted vessels are understood to be the fifth and sixth newbuilds in the series, following an initial deal for two plus two suezmaxes earlier this year.
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.
Earlier this year, the Athens-based company took delivery of two Hyundai Samho-built suezmaxes ordered in April 2023 for a reported price of $85.26m each. The latest duo is priced at about $87m each.
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