Advertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to World
World

20 August 2026

Evalend reloads at Yangzijiang with $220m LR1 quartet

Downunder Voices Newsroom

Source reporting: Splash247

FacebookEmail
Evalend reloads at Yangzijiang with $220m LR1 quartet

Kriton Lendoudis-led Evalend Shipping is returning to Yangzijiang Shipbuilding for four more LR1 product tankers, further expanding the Greek owner’s sizeable newbuilding programme in China. Brokers have placed Evalend behind four ships of around 74,000 dwt, with prices quoted at about $55m apiece, putting the deal at roughly $220m. Delivery slots are reported in the …

About this report

Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

Follow on FacebookSubmit your story

More from World

View category
Founder of China’s Evergrande jailed for life after pleading guilty to fraudWorld

20 August 2026

Founder of China’s Evergrande jailed for life after pleading guilty to fraud

Hui Ka Yan also forfeits all his personal property and the company he set up is given hefty fines Business live – latest updates The founder of Evergrande, one of China’s largest property developers, has been sentenced to life in prison and had all of his personal property confiscated. Hui Ka Yan, 67 and once named by Forbes as China’s richest man, with a net worth of $42. 5bn (£31. 2bn) in 2017, pleaded guilty in April to eight charges.

Source: The Guardian WorldOriginal source
Oil India adds more time to Dolphin Drilling rig dealWorld

20 August 2026

Oil India adds more time to Dolphin Drilling rig deal

Norwegian offshore rig owner Dolphin Drilling has been awarded an extension for one of its semisub drilling rigs. Under the extension, the 1974-built Blackford Dolphin rig will continue its contract with Oil India Limited. The contract has been extended to October 15, 2026, to complete drilling, testing, and abandonment work at locations east of India, …

Source: Splash247Original source

Read Next

View latest
Hapag-Lloyd to acquire 25% of box terminal at Rotterdam vital to GeminiTrade & Logistics

20 August 2026

Hapag-Lloyd to acquire 25% of box terminal at Rotterdam vital to Gemini

Hapag-Lloyd is set to increase its presence in Europe’s largest gateway – a key pillar of the Gemini Cooperation’s hub-and-spoke network. The German carrier is to acquire a 25% stake of APM Terminals’ Maasvlakte II in Rotterdam to strengthen its long-term access to “automated terminal capacity” and boost its position in “one of Europe’s key container hubs”. The deal will see Hapag-Lloyd support the terminal’s development, capacity expansion, and operational performance alongside ... The post Hapag-Lloyd to acquire 25% of box terminal at Rotterdam vital to Gemini appeared first on The Loadstar .

Source: The LoadstarOriginal source
Belfast Harbour joins global network to drive port innovationTrade & Logistics

20 August 2026

Belfast Harbour joins global network to drive port innovation

Northern Ireland Maritime and Offshore (NIMO), supported by Belfast Harbour, has become the newest member of the Port Innovators Network (PIN). NIMO brings together industry, government and academia to deliver sustainable solutions across Northern Ireland’s maritime and offshore sectors. Belfast Harbour, the region’s principal maritime gateway, handles 70 per cent of Northern Ireland’s seaborne trade […] The post Belfast Harbour joins global network to drive port innovation appeared first on Port Technology International .

Source: Port TechnologyOriginal source
CK Hutchison files $1.5 billion treaty case against PanamaTrade & Logistics

20 August 2026

CK Hutchison files $1.5 billion treaty case against Panama

CK Hutchison Holdings Limited (CK Hutchison) has commenced international arbitration proceedings against the Republic of Panama. The company alleges breaches of an investment protection treaty over sovereign acts targeting its decades-old ports concession at the Balboa and Cristóbal terminals. CK Hutchison notified Panama of a treaty dispute on 4 February 2026, following what it describes […] The post CK Hutchison files $1. 5 billion treaty case against Panama appeared first on Port Technology International .

Source: Port TechnologyOriginal source