Greek shipowner Ionic Tankers has placed orders for four newbuildings at Japanese shipyards, including both Suezmax and Aframax tankers, CEO Dimitri Frank Saracakis revealed to Kaiji Press. The company currently operates a fleet of seven tankers and eleven bulk carriers, all constructed in Japan. Saracakis stated that the new orders focus on fleet renewal rather than expansion, responding to the aging global tanker fleet. He also noted that the orderbook has grown significantly in recent months, prompting a cautious approach. Emphasizing a long-term investment strategy, Saracakis highlighted the company's disciplined stance on fleet decisions. This move aligns with Ionic Tankers' commitment to maintaining an efficient and modern fleet.