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.