Vote of confidence in Chinese shipyards by the Prokopiou Group

Dynacom Tankers Management, owned by George Prokopiou, is continuing its concern strategy with a caller shipbuilding bid successful China, reinforcing its beingness successful Asian shipyards contempt ongoing planetary geopolitical pressures. According to sources, the institution has signed contracts with New Times Shipbuilding for the operation of 2 Aframax-type tankers, each with a capableness of 159,000 deadweight tons (dwt).

The caller vessels volition beryllium equipped with scrubbers and volition run connected accepted fuels, with the operation outgo estimated astatine astir $80 cardinal per ship. Despite U.S. commercialized restrictions connected ships of Chinese ownership oregon management, Dynacom is investing successful China owed to the technological reliability and low biology footprint of Chinese shipyards.

The Prokopiou Group presently operates a fleet of implicit 130 vessels, with an bid publication that includes some tankers and LNG carriers. These caller developments bespeak a strategical reshuffling successful the planetary maritime industry, arsenic cardinal players reassess their positions wrong the shipbuilding sector.

The radical is executing the largest shipbuilding programme of immoderate Greek-interest company, involving a full of 110 vessels. It is expected to instrumentality transportation of 27 ships during 2025. As George Prokopiou has stated, “By the extremity of 2027, our Group volition person 240 ships successful the water.”