New move-checkmate by Giorgos Prokopiou: Dynacom buys four giant tankers, continuing the expansion of its fleet at impressive rates.
Giorgos Prokopiou’s Dynacom Tankers appears to be continuing the expansion of its fleet at a rapid pace, this time acquiring four VLCC tankers from the Chinese shipyard Hengli Heavy Industries.
According to information from shipbuilding circles, the deal involves vessels with a carrying capacity of approximately 306,000 dwt, which were initially ordered by the Hengli group, but are now being resold to Dynacom.
Their delivery is expected within 2026 and 2027 and the cost is estimated to be around $118 million per vessel.
With this new agreement, the number of VLCCs Dynacom has “closed” at the Hengli shipyards reaches six, following the delivery of the Aliakmon I last June, which was the first VLCC fully designed and built by this specific shipyard.
Hengli, based in Dalian, appears to have entered the game dynamically, as beyond its own orders, it is also promoting resales to major shipowners.
In fact, last month it was revealed that it was negotiating another series of four VLCCs at the same price levels.
The Hengli VLCCs feature a hull length of 332.8 meters, a beam of 60 meters, and a depth from the keel to the main deck of 30 meters, while their speed will reach 14.5 knots and they will comply with the strictest standards for fuel consumption and emissions.
For the Prokopiou group, this new move serves to confirm a rapid growth strategy. Dynacom Tankers Management already controls nearly 70 tankers, while more than 50 are under construction at various Chinese shipyards, including New Times, Dalian, and Hengli.
Giorgos Prokopiou is a highly capable shipowner and does nothing by chance. I don’t know if he does it because he knows or if it’s instinct, but he always seems to hit the mark. Those who know him, know he operates with strategy and foresight.
In an era when markets show uncertainty, he invests long-term, betting on the steady demand for oil and the new generation of ecological tankers.
After all, as we say at sea, “he who does not risk, does not travel.” And Prokopiou knows this well.
History has shown that Prokopiou rarely loses. He moves quickly, methodically, and mainly where others hesitate. Perhaps he has seen more than we think. Perhaps he simply reads the “sea” market like a good captain reads the weather.
Dynacom appears to be building the fleet of the future, and indeed with moves that resemble a strategist more than a shipowner.
