Greek shipowner Evangelos Marinakis is expanding his tanker fleet with Capital Maritime and Trading ordering 11 very large crude carriers (VLCCs) from China's Hengli Heavy Industry. The newbuildings are part of a 15-ship package announced by Songfa Ceramics, Hengli's parent company, with a total contract value estimated between $1.7 billion and $2 billion. The Capital group is expected to pay around $1.4 billion for its share, contracting the vessels through single-ship companies under Capital Ship Management. The remaining four VLCCs will go to an undisclosed European owner. This order strengthens Hengli's reputation among Greek shipowners and further expands Capital's diverse shipping portfolio. Deliveries will extend into the latter part of the decade, underscoring Capital's positive outlook on crude trade and Hengli's growing presence in the supertanker market.