Evalend Shipping

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

 

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 3three (3) panamax dry bulk carriers 81K DWT M/V 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