Greece’s Dynacom Tankers has swelled its suezmax orderbook at China’s New Times Shipbuilding.
Newbuilding sources report that George Procopiou’s company has signed up for two 159,000 dwt vessels, adding to previously booked 10 newbuilds at the privately owned shipyard in late 2023 and early 2024.
The Athens-based outfit has a massive orderbook of crude and product carriers spread across multiple shipyards in China, but four suezmax newbuilding slots were also secured at South Korea’s Samsung Heavy Industries in October last year for delivery in 2027.
The latest duo at the Jiangsu-based builder is priced at $80m each, with delivery expected in 2028.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
Dynacom Greece’s Dynacom Tankers has been tied to another deal for suezmax newbuilds, but this time in China. Brokers in Greece report George Procopiou’s company has signed a letter of intent for four 163,000 dwt […]
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