Latsco Marine Management, led by Paris Kasidokostas Latsis, has placed an order for the construction of two LPG Carriers, according to information confirmed by the company.
The two LPG Carriers will be built in Korean shipyards and will have a transport capacity of 88,000 cubic meters each. The cost for the two LPG carriers (there is an option for two more according to shipping companies) will amount to 197.7 million dollars and their delivery is scheduled for 2025.
Containerships and VLCCs
It should also be noted that in the context of the development and diversification of its fleet, Latsco recently acquired two containerships, thus marking its entry into the specific sector.
More specifically, Latsco received two feeder containerships, which were built within the year and have already been chartered by liner giants. These are ‘MARLA TIGER’ and ‘MARLA BULL’.
In addition, from the previous May until October, it received four newly built VLCCs, which in fact travel under the Greek flag.
Specifically, last June it added Yiannis Latsis and Erietta Latsi to its fleet. It was followed in August by the tanker Hellas Fos, built at the yards of South Korea’s Hyundai Heavy Industries, while it then received the Hellas Paliros.
In total, Latsco has raised the Greek flag on six ships.
The fleet
According to Equasis, the Latsco Marine group has a fleet of 32 ships, of which ten LPG Carriers, 20 tankers and two LNG Carriers, to which two container ships must be added.
Latest News
National Intelligence Agency DG to Accompany Greek PM to Ankara
Prime Minister Mitsotakis also gave an interview to Turkish newspaper Milliyet regarding his upcoming visit
Draft Bill Eyes Detection of Uninsured, Poorly-Maintained Vehicles in Greece
According to reports, at least half a million vehicles in Greece are uninsured, while the number of those without inspections is unknown
AIA: Passenger Traffic Up by 16.3% in April
Passenger traffic at the Athens International Airport (AIA) amounted to 2.49 million during April 2024
Fitch Solutions: Greece Set to Welcome 40 Million Tourists Annually by 2028
However, Fitch Solutions highlights concerns about overtourism, cautioning that it could strain Greece's capacity to deliver quality services, potentially leading to neglect of popular destinations
ELSTAT: Q1 Exports Down 11% – Trade Deficit Up 8.7%
Amid international uncertainty and armed conflicts in Gaza and Ukraine in 2023, Greek exports continued to decline, ending the year with an 8.5% drop
The Worst European Cities for Pickpocketing – Where is Athens?
The data was presented by London-based travel insurance company Quotezone
Greek Buyers Drive Vacation Home Market Resurgence
George Gavriilidis, CEO of the real estate consultancy Elxis highlights that Greek buyers are increasingly drawn to emerging locales.
INSETE: Air Data Tracker Sees Bookings up 8.4%
Of the 27,025,200 seats booked from March to October 2024, 80% have been confirmed
Titan Group Announces IPO For Its North American Subsidiary
Titan Group subsidiary Titan American will be listed in a New York stock exchange, with the details pending
McDonald’s in Greece Breaks New Records, Plans New Outlets
McDonald’s has finally won over consumers in Greece, reporting record gains and planning more outlets.