News

Dynacom linked to more suezmax orders

2024-12-12
75

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 ships at Chinese state-run Qingdao Beihai Shipbuilding.

The quartet is priced at about $328m, with estimated deliveries between 2027 and 2028.

Earlier this year, Dynacom signed up for four 158,000 dwt tankers at South Korean builder Samsung Heavy Industries at $83m each, with deliveries scheduled throughout 2027.

The Athens-based outfit also has a series of 10 suezmax vessels booked at China’s New Times Shipbuilding in late 2023 and early this year. Other most recent orders include a series of LR1 product tankers at Yangzijiang Shipbuilding. The $55m-apiece 75,000 dwt newbuilds should be delivered in 2028.

Source:Splash247.com