George Procopiou’s Dynacom Tankers Management has placed an order for four 158,000 dwt suezmaxes at Chinese independent yard New Times Shipbuilding, according to Clarkson Research Servivces.
No price has been revealed for the newbuilds, which will deliver in 2022. Procopiou has stayed away from ordering new crude tankers for nearly two years, happy to make moves in the secondhand market until now.
Procopiou knows the yard well. In April 2017, the Greek tycoon ordered eight VLCCs there, a series of ships which is now finishing delivery in the next couple of months.