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Tankers monopolise waning Greek newbuild interest

Shipyards are counting the cost of Covid-19 and the slowest quarter for new orders in a decade, but Greek owners seem even more reluctant than most to commit to newbuildings — and that’s been the case for a while

The latest uptick in shipbuilding activity began in early May with a contract from CM Lemos for two firm suezmaxes at Hyundai Heavy Industries. The long-established blue-chip Neda Maritime is said to be poised to order up to two LR2 product tankers

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