Greek shipowner Evangelos Marinakis is set to splash out more than half a billion dollars on newbuildings as he expands on both the containership and products tanker fronts.

Industry sources say Marinakis is poised to place an order for a series of post panamax containerships at Romania’s Daewoo Mangalia Shipyard for delivery in 2015, at the same time as finalising plans for up to four medium range (MR) products tankers at each of two yards in China.

Sources