Kriton Lendoudis has taken the market by surprise, declaring two more options for 88,000-cbm VLGCs in South Korea.

This brings to seven the number of VLGCs the Greek owner has under construction at Korea Shipbuilding & Offshore Engineering (KSOE).

Managers at Lendoudis company Evalend Shipping did not immediately respond to a request for comment.

Shipping sources following the LPG and shipbuilding markets in London and the Far East, however, are identifying the Athens outfit as the “African shipper” that KSOE said on Friday placed a KRW 240.8bn