Evangelos Marinakis' privately owned Capital Maritime & Trading has penned a newbuilding contract worth $96m with Hyundai Mipo Dockyard (HMD).

Shipbuilding sources identified the owner as behind an order for three 1,800-teu boxships that Korea Shipbuilding & Offshore Engineering (KSOE) disclosed earlier this week.

The deal lifts to nine the total number of 1,800-teu newbuildings the outfit has booked at HMD. Its earlier six vessels were ordered last year.

It also brings the company’s total spend on the vessel type at the South Korean shipyard to $285m.