Greek shipowner George Procopiou's Dynacom Tankers Management has committed close to $1 billion in fresh capital for newbuilding orders at China's Hengli Heavy Industry, expanding its long-term fleet renewal programme amid tightening global shipyard capacity. The latest agreements firm up major tanker and gas carrier tranches, bringing Dynacom's total orderbook at the Dalian-based yard to more than 30 vessels, including up to 20 Very Large Crude Carriers (VLCCs) and 9 Suezmax tankers. The order features high-specification 306,000 DWT conventional and eco-efficient crude carriers priced at around $120 million each, built to meet IMO Tier III emissions standards, with deliveries phased through 2028 and 2029. Alongside the crude tonnage, Dynacom is diversifying into liquefied gas transport with 93,000 cbm Very Large Ammonia Carriers (VLACs) also being ordered at Hengli, positioning the group for future clean ammonia and green fuel trade corridors. Across leading Chinese shipbuilders, Dynacom's broader orderbook now exceeds 70 to 80 vessels, spanning VLCC, Suezmax and bulk carrier segments, with deliveries locked in through 2030. The move secures scarce prime delivery slots at a time of constrained newbuilding capacity, as the company seeks to renew its fleet ahead of an ageing global tanker fleet.