Greek Laskaridis family-controlled, UK based Lavinia Bulk has placed an order for three (3) kamsarmax dry bulk carriers with one (1) option at Chinese Shipyard Penglai Zhongbai Jinglu for around $100 million. Lavinia Bulk has a close relationship with Chinese Shipyard Jinglu because they have been ordering at Chinese Shipyard Jinglu since 2012. Chinese Shipyard will deliver the kamsarmax bulk carriers in Q2 2019 and Q2 2020.
Greek Laskaridis family-controlled Lavinia Bulk has significant confidence in the dry bulk market. Lavinia Bulk has been controlling a fleet of 40 bulk carriers through shipping crises. Greek Laskaridis family is going to trade new kamsarmax bulk carriers in the dry bulk spot market. Currently, kamsarmax bulk carrier newbuilding price tags around $25 million at Chinese shipyards.