Dynacom linked to more suezmax orders
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.