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Evalend Shipping raises LNG newbuild wager

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Evalend Shipping raises LNG newbuild wager

Greeceā€™s Evalend Shipping has lifted its orderbook of liquified natural gas carriers to six, having booked two more units at HD Hyundai Heavy Industries in South Korea.

Multiple shipbroking outfits have named the Kriton Lendoudis-led diversified owner behind the $532m deal Korea Shipbuilding & Offshore Engineering (KSOE) revealed for 174,000 cu m ships expected to deliver in the first half of 2028.

The Athens-based company marked its move into LNG trades last year, with the first two vessels ordered at the same shipyard in Ulsan for delivery in the second half of 2027 at $260m each. This was followed by two additional ships last November, which had $5m more added to their price tag.

Shipbuilding databases list Evalend with more than 20 newbuilds, the majority of which are energy carrier vessels set to join the fleet of over 50 ships, with more than half currently being bulk carriers.

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