Dynacom Tankers Management, led by George Procopiou, has made a significant move in the tanker market by ordering nine suezmax newbuildings at China's Hengli Shipbuilding. This order forms part of a batch of ten 158,000 dwt crude carriers recently booked at the yard, valued between $700 million and $1 billion. The remaining vessel was acquired by a prominent European shipowner, according to a stock exchange filing by Songfa Ceramics, Hengli's parent company. The suezmaxes are scheduled for delivery from the second half of 2028. This order strengthens Dynacom’s relationship with Hengli, one of its core shipbuilders, and reflects the company's aggressive fleet expansion strategy, with at least 14 suezmaxes ordered since late 2024. In addition to tankers, the Procopiou group is expanding its dry bulk fleet, while other Greek owners, such as Minerva Marine, have also placed recent orders at Hengli.
Dynacom Expands Suezmax Fleet with Nine Newbuild Orders at Hengli Shipbuilding
CENTROFIN MANAGEMENT INC.
SHIPMANAGER
Dongfang Honghua
SHIPYARD
DYNACOM TANKERS MANAGEMENT LTD.
SHIPMANAGER
Evalend Shipping Co SA
SHIPMANAGER
MINERVA MARINE INC
SHIPMANAGER
NEW SHIPPING LTD
SHIPMANAGER
NEW TIMES TRADING & SHIPPING
SHIPOWNER
Samsung Heavy Industries Group
COMPANY_GROUP
SEA TRADERS SA
SHIPMANAGER
Newbuild
Oil Tanker
Ella Trusteddocks
Topics
Connected to This Story
CENTROFIN MANAGEMENT INC.
SHIPMANAGER
Dongfang Honghua
SHIPYARD
DYNACOM TANKERS MANAGEMENT LTD.
SHIPMANAGER
Evalend Shipping Co SA
SHIPMANAGER
MINERVA MARINE INC
SHIPMANAGER
NEW SHIPPING LTD
SHIPMANAGER
NEW TIMES TRADING & SHIPPING
SHIPOWNER
Samsung Heavy Industries Group
COMPANY_GROUP
SEA TRADERS SA
SHIPMANAGER
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