Greece’s Cape Shipping signs for tanker newbuilds

The Andrianopoulos family and its Cape Shipping have embarked on their first tanker newbuilding project at two Chinese shipyards.

The Athens-based company is widely reported to have placed orders for two suezmax tankers at Shanghai Waigaoqiao Shipbuilding.

According to brokers in Greece, the deal with the CSSC-affiliated yard is worth approximately $168m with 158,000 dwt vessels delivering in 2026 and 2027.

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