Evangelos Marinakis is the latest private shipowner to order container ship newbuildings, with a $1.25bn deal.

The Greek magnate made his move just days after John Fredriksen and Idan Ofer signed major boxship orders backed by contracts to top lines.

The deal also continues a cross-sector newbuilding drive from Marinakis that now runs to more than 100 vessels costing well over $8bn.