Evangelos Marinakis-controlled Capital Tankers has secured from Capital Maritime & Trading Corp. (Capital Maritime) a portfolio of 13 acquisition options at shipbuilding
Evangelos Marinakis-controlled Capital Tankers has secured from Capital Maritime & Trading Corp. (Capital Maritime) a portfolio of 13 acquisition options at shipbuilding contract price (optional fleet), comprising 11 VLCCs under construction at Hengli Shipbuilding and two suezmax tankers under construction at HD Hyundai Samho.
The optional fleet has expected deliveries ranging between the fourth quarter of 2027 and the third quarter of 2028.
By comparison, the majority of newbuilding slots for comparable vessels are currently being offered in the second half of 2029 and onwards.
The company may exercise any option in the optional fleet until December 31, 2026, at shipbuilding contract price, after which it retains a right of first refusal in respect of a sale of any of these vessels.
Based on third-party vessel appraisals as of August 18, the aggregate market value of the optional fleet exceeds the optional
