SMC secures 1st VLCC in Korea

Following signing three VLCCs with Landbridge, S.M.C was awarded another VLCC by Aeolos Management, Greece (also known as Andros Maritime with an operating office in London). The Supervision Agreement for one 318,000 DWT VLCC was signed in the middle of May. The vessel will be constructed in Daewoo Shipbuilding & Marine Engineering (DSME), Korea starting from July 2018 till July 2019. This vessel is our very first VLCC in Korean shipbuilding market.

Andros Maritime is a returning customer as S.M.C has earlier done plan approval and supervision for them for three 6,700 TEU container vessels and four 9,000 TEU container vessels in Hyundai Samho, Korea. BSM also manages eight container vessels belonging to Andros Maritime.

Aeolos Management belongs to the Embiricos Group which started their shipping business in late 19th Century and owns a fleet of container vessels, bulk carriers and tankers.