Dynacom Tankers Expands Fleet with New VLCC Orders
Greek shipowner Dynacom Tankers is significantly bolstering its fleet by ordering four new Very Large Crude Carriers (VLCCs) from Hengli Heavy Industries in China. This latest acquisition follows a previous order for two vessels last year and underscores the company’s aggressive expansion strategy in the tanker industry. The new ships are slated for delivery in 2026 and 2027, with each vessel priced at $118 million.
Details of the Newbuildings
The latest VLCCs ordered by Dynacom Tankers will have a deadweight tonnage (dwt) of 306,000 and are part of a larger series initially commissioned by Hengli Group. These vessels, originally intended for Hengli’s own fleet, are now being resold to Dynacom, which has now committed to a total of six VLCCs from this shipyard. The first of these vessels, the Aliakmon I, was delivered in June and marked Hengli’s inaugural self-developed VLCC.
Hengli Heavy Industries, based in Dalian, is gaining traction in the maritime market by effectively marketing resales to leading ship owners. Recently, the yard also secured a separate order for up to four VLCCs linked to prominent shipowner John Fredriksen. These resales are occurring at competitive pricing levels, indicating a healthy demand for new VLCCs in the industry.
The design of Hengli’s VLCCs boasts a length of 332.8 meters, a beam of 60 meters, and a depth of 30 meters, achieving a service speed of 14.5 knots. Furthermore, these vessels comply with the latest efficiency and emissions standards, reflecting the industry’s shift towards more sustainable shipping practices. This focus on modern design and technology is likely to enhance the operational capabilities of Dynacom’s expanding fleet.
Dynacom’s Fleet Expansion Strategy
The order for these new VLCCs highlights the ambitious growth plans of Dynacom Tankers Management, which currently operates nearly 70 tankers. The company has over 50 vessels under construction across various Chinese shipyards, including New Times, Dalian, and Hengli. This robust fleet expansion strategy positions Dynacom as a formidable player in the global shipping market, allowing it to meet increasing demand for crude oil transportation.
As the maritime industry continues to evolve, Dynacom Tankers‘ commitment to expanding its fleet with advanced vessels demonstrates its readiness to adapt to new market conditions and regulatory environments. The company’s proactive approach to fleet management is likely to yield long-term benefits as it seeks to enhance its operational efficiency and competitiveness in the sector.
