BUSINESSglobal
Procopiou pushes tanker expansion with more VLCC orders
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Updated 2 hours ago
First seen March 16, 2026 23:10:11Stay on top of this story
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Quick Summary
Greek shipowner George Procopiou is continuing his large crude carrier expansion with another order at Hengli Heavy Industry. The latest deal, placed through Dynacom Tankers, covers four 306,000 dwt VLCCs. Industry sources estimate the contracts to be worth between $400m and $600m in total. Hengli confirmed it had signed contracts for the four ships, marking …