BUSINESSglobal
JP Morgan shipping arm books suezmax trio at Samsung Heavy
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Updated 2 hours ago
First seen March 16, 2026 23:10:12Stay on top of this story
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Quick Summary
JP Morgan’s Bermuda-based shipowning affiliate Global Meridian Holdings has been linked to an order for three suezmax crude carriers at South Korea’s Samsung Heavy Industries. The contract, disclosed last week, is worth about KRW400bn ($268m), of about $89.3m per 157,000 dwt ship, according to the yard. Deliveries are expected between the fourth quarter of 2028 …