Athens-based shipowner Evalend Shipping Co SA chartered out 2023 built kamsarmax bulk carrier 82K DWT MV Sian to Danish shipowner and operator Dampskibsselskabet DS Norden A/S. Greek shipowner Evalend Shipping Co SA chartered out MV Sian for $15,000 per day for one year. Currently, the Baltic Exchange Panamax 5TC rate is $7,779 per day. Lately, Kriton Lentoudis-led Greek shipowner Evalend Shipping ordered two (2) Green Dolphin-type 40K DWT handysize bulk carriers. 14-February-2023
Athens-based shipowner Evalend Shipping Co SA ordered one (1) MR2 tanker and two (2) handysize bulk carriers at Jiangsu New Yangzijiang Shipbuilding in China. Previously, Kriton Lentoudis-led Greek shipowner Evalend Shipping ordered LPG carriers in South Korea at the beginning of 2022. Now, Greek shipowner Evalend Shipping Co SA turned to a Chinese shipyard to construct a tanker and bulk carriers. Two (2) 40K DWT handysize bulk carriers will be Green Dolphin-type, a modern open-hatch design that is fit for eventual conversions to carry containers. 7-December-2022
Greek shipowner Evalend Shipping controlled 2007 built handysize bulk carrier 18K DWT MV Aviator and International Seaways controlled 2008 built MR chemical tanker MT Atlantic Grace collided off India. Up to now, no pollution and no injuries have been announced. Evalend Shipping and International Seaways have a total of 44 crew members onboard the ships. Evalend Shipping controlled 2007 built handysize bulk carrier 18K DWT MV Aviator has P&I (protection and indemnity) cover with Steamship Mutual. International Seaways controlled 2008 built MR chemical tanker MT Atlantic Grace has P&I (Protection and Indemnity) cover with UK P&I Club. Indian Coast Guest has a vessel to the place to start preventative measures for any possible oil pollution. Evalend Shipping controlled 2007 built handysize bulk carrier 18K DWT MV Aviator and International Seaways controlled 2008 built MR chemical tanker MT Atlantic Grace had reportedly left the Kandla port. 27-November-2021
Kriton Lentoudis-led Greek shipowner Evalend Shipping ordered two (2) kamsarmax bulk carrier new-buildings 82K DWT for around $27 per ship million at Yangzi-Mitsui Shipbuilding. Additionally, Evalend Shipping has two (2) kamsarmax bulk carrier options. This is the first bulk carrier order of Evalend Shipping since 2017. Athens-based Evalend Shipping’s two (2) kamsarmax bulk carriers will be built according to IMO (International Maritime Organization) Tier II emissions standards. Since 2016, IMO (International Maritime Organization) Tier III emissions regulations took the place of Tier II emissions standards. This indicates that Greek shipowner Evalend Shipping has got its hands on kamsarmax new-buildings that’s keels were laid before 2016. Some Chinese and Japanese shipyards can still offer Tier II new-buildings. Currently, the cost difference between a kamsarmax bulker built to IMO (International Maritime Organization) Tier II and Tier III emission standards is about $1 million. Evalend Shipping’s two (2) kamsarmax bulk carriers will be delivered in Q4 2022. Yangzi-Mitsui Shipbuilding is a joint venture between Chinese Yangzijiang Shipbuilding and Japanese Mitsui E&S Shipbuilding. Athens-based Evalend Shipping is not new to Yangzi-Mitsui Shipbuilding. In 2017, Evalend Shipping ordered for four (4) kamsarmax bulk carrier new-buildings at Yangzi-Mitsui Shipbuilding for around $24 million per ship. Evalend Shipping took delivery of the IMO (International Maritime Organization) kamsarmax bulk carriers in 2018 and 2019. Currently, Evalend Shipping has a mixed fleet of 41 ships and 10 new-building ships on order. 16-February-2021
Athens-based shipowner Evalend Shipping Co SA CEO Kriton Lentoudis paid special homage to his father Evangelos Lentoudis, the founder of Evalend Shipping, which still carries his name. Evangelos Lentoudis passed away a long time ago but Evangelos Lentoudis has been Greek shipowner Evalend Shipping Co SA CEO Kriton Lentoudis’s inspiration.
Emotional CEO Kriton Lentoudis pays homage to the founding father on the 50th Evalend Shipping Co SA anniversary. Athens-based shipowner Evalend Shipping Co SA has a mixed fleet of gas carriers, tankers, and bulk carriers. 5-June-2022
Athens-based shipowner Evalend Shipping Co SA is still chasing an arbitration award worth $186,000 against a charterer it believes to be part of Nanjing Ocean Shipping Co (NASCO). In December 2016, Kriton Lentoudis-led Greek shipowner Evalend Shipping Co SA controlled 2007 built supramax bulk carrier 58K DWT MV Consolidator was loaded iron ore. An arbitration award worth $186,000 against a charterer was granted by London arbitrators at the end of April. Greek shipowner Evalend Shipping Co SA controlled 2007 built supramax bulk carrier 58K DWT MV Consolidator was chartered by Naspacific Shipping Co. Naspacific Shipping Co. deducted approximately $150,000 in outstanding charter hire. Evalend Shipping Co SA controlled 2007 built supramax bulk carrier 58K DWT MV Consolidator’s charterer Naspacific Shipping Co. cited unsafe working conditions on one of the ship’s cranes that resulted in the MV Consolidator being off-hire for more than two days at Bandar Abbas Port. Athens-based shipowner Evalend Shipping Co SA has a mixed fleet of gas carriers, tankers, and bulk carriers. 1-August-2018
Athens-based shipowner Evalend Shipping Co SA denies handysize sale rumor. Kriton Lentoudis-led Greek shipowner Evalend Shipping Co SA is denying market rumors the company has disposed of 2015 built handysize bulk carrier 38K DWT MV Evangelia L to Middle-Eastern shipowners for approximately $19 million. Whisper has been swirling around shipbrokers’ offices. However, Greek shipowner Evalend Shipping Co SA stated that it is a false rumor and that 2015 built handysize bulk carrier 38K DWT MV Evangelia L wasn’t even for sale at all. In 2015, Athens-based shipowner Evalend Shipping Co SA acquired 2015 built handysize bulk carrier 38K DWT MV Evangelia L a resale deal from Bahamas-based Agriculture & Energy Carriers (AEC) for around $22 million. Athens-based shipowner Evalend Shipping Co SA has a mixed fleet of gas carriers, tankers, and bulk carriers. 26-July-2018
Athens-based shipowners Evalend Shipping Co SA and Thenamaris are locking two (2) midsize LPG carrier newbuildings into time charters that are unlikely to be profitable amid the depressed LPG carrier market. Greek shipowner Evalend Shipping Co SA is led by Kriton Lentoudis. Greek shipowner Thenamaris is led by Nikolas Martinos. Both shipowners’ midsize LPG carrier newbuildings will spend the first year in period deals. Furthermore, Athens-based shipowner Evalend Shipping Co SA chartered out 2018 built 38K cbm LPG Tanker Aquarama to Vitol for a year. 7-February-2018
Greek shipowner Evalend Shipping bought three (3) panamax dry bulk carriers for $60 million from Jiangsu New Yangzijiang Shipyard as resales. Kriton Lentoudis led Greek shipowner and operator Evalend Shipping bought three (3) panamax dry bulk carriers 81K DWT MV World Seas, MV Bright Seas and MV Inspiring Seas. MV World Seas, MV Bright Seas will be delivered in 2016 and MV Inspiring Seas will be delivered in 2017. Greek shipowner and operator Evalend Shipping has previously been active in the handysize and supramax sector. 19-December-2016