Greek Metrostar Orders Two MR Product Tankers in South Korea
2026-06-24 16:59
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en.Wedoany.com Reported - Greek shipowner Metrostar Management has returned to the MR product tanker newbuilding market, ordering two 50,000 dwt product tankers at HD Hyundai Mipo in South Korea, with delivery expected in 2028.

Market sources revealed that the price per vessel is close to $53 million. According to Metrostar's own fleet list, the two newbuildings, with hull numbers HN 2973 and HN 2974, are registered as MR tankers under the Liberian flag, measuring 183 meters in length and 32.2 meters in beam. The latest order supplements the company's tanker fleet, which is being rebuilt around product tonnage.

Currently, Metrostar operates seven tankers, including one Suezmax tanker, four 115,000 dwt LR2 tankers built between 2024 and 2025 at Hyundai Vietnam, and two 75,000 dwt LR1 tankers built in 2025 at Yangzijiang Shipbuilding. The company also returned to container shipping this year, adding three 1,300 teu feeder vessels built in China in 2008. Splash reported in January that Metrostar re-entered the container ship sector after more than a decade, following the sale of five 3,430 teu container ships to Goldenport and Danaos in 2014.

The MR tanker order comes during an active year for Greek product tanker contracting, as shipowners continue to reserve slots in South Korea and China for deliveries in 2028 and beyond. Greek peer Thenamaris recently confirmed an order for four 50,000 dwt vessels equipped with scrubbers at the Ulsan shipyard, scheduled for delivery in 2028.

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