Samos tied to bulker asset plays after ordering VLCC in countercyclical moves

In a typically Greek countercyclical move, Samos Steamship has placed an order for a VLCC while making moves to cash in on bulkers it bought at the bottom of the market several years ago.

The company revealed on its website that it has placed an order with a Japanese yard for a 301,000-dwt crude carrier to be delivered in the first quarter of 2023.