
Tsakos Group has added its first Capesize bulk carrier in three years, naming the vessel Euroleague 26 in honour of Olympiacos basketball club's EuroLeague title win in May 2026. The 2020-built, 182,588-dwt ship, formerly Lady Deena, was renamed after joining the Greek owner's fleet list, flying the Greek flag and managed by Tsakos Conbulk Services (TCB). The Japanese-built, scrubber-fitted vessel's sale was reported by shipbrokers over the summer at a price of around US$70M, though the buyer's identity was not disclosed at the time. The Tsakos family has backed Olympiacos through a sponsorship agreement announced in summer 2025. Euroleague 26 becomes the 11th bulk carrier in Tsakos Group's fleet, the first addition since 2023's World Seafarer MD. The fleet now comprises five Capesize and six Kamsarmax vessels. The group is also expanding through newbuildings, having ordered two Capesize vessels from Hengli Heavy Industries for delivery in the fourth quarter of 2027, alongside a separate order for two 3,200-TEU container vessels with the same yard. Tsakos Group, including its US-listed Tsakos Energy Navigation (TEN), operates a diversified fleet of 83 crude oil and product tankers, 16 shuttle tankers, four LNG carriers, 13 bulk carriers and 12 container vessels, totalling 13M dwt. Greek owners have shown strong interest in Capesize assets this year, with secondhand values up by as much as 36% over the past 12 months, according to Xclusiv Shipbrokers.
Hengli Heavy Industries (Dalian) Co. Ltd