Atlantis Tankers is reconsidering potential orders for new vessels in Turkey after the authorities demolished its Istanbul headquarters.

Owner and chief executive Lorenz Weinstabl tells TradeWinds that the delivery this month of the group's 11th newbuilding, the 5,569-dwt Atlantis Alicante, from Turkey's Selah Shipyard may not be repeated any time soon, as he is "deeply concerned" over investment risks in the wake of the demolition.