Evangelos Pistiolis has continued the expansion of his medium range products tanker fleet with a fresh contact at Hyundai Mipo Dockyard.

The Greek shipowner’s Central Shipping Group has contracted a firm 50,000-dwt tanker with the South Korean shipbuilder and holds an option for a second.

Pistiolis confirms the latest deal when contacted by TradeWinds today and suggested further growth will follow as the group looks to establish greater critical mass.