Greece’s Latsco Shipping is expanding its footprint in the containership sector with newbuildings in China.
Shipbuilding sources in Greece have linked the Paris Kassidokostas-Latsis-led diversified owner, traditionally linked to tankers and gas carriers, to a deal for two 1,900 teu vessels at Huangpu Wenchong.
The CSSC-affiliated yard is scheduled to deliver the duo in 2027 for $31m each.
Latsco, with a fleet of over 30 ships, stepped into the container shipping segment in 2022 with a pair of 1,900 teu newbuilds. The Imabari-built boxships were originally ordered by Japanese owner Shoei Kisen.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
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