After a hugely successful asset play run with older ships and newbuildings, Leon Patitsas is reinvesting much of his profit in more tankers and large car carriers.

His Athens-based outfit, Atlas Maritime, confirmed on its website that it has declared options to expand its considerable orderbook of such vessels to a total of 12 ships.

The freshly booked newbuildings are a pair of 157,000-dwt conventionally fuelled suezmaxes due to be completed at DH Shipbuilding in December 2025 and January 2026, as well as an additional 7,000-ceu dual-fuel car carrier at CIMC Raffles, scheduled for delivery in July 2026.