Dynacom Tankers Management, owned by George Prokopiou, is continuing its investment strategy with a new shipbuilding order in China, reinforcing its presence in Asian shipyards despite ongoing international geopolitical pressures. According to sources, the company has signed contracts with New Times Shipbuilding for the construction of two Aframax-type tankers, each with a capacity of 159,000 deadweight tons (dwt).

The new vessels will be equipped with scrubbers and will operate on conventional fuels, with the construction cost estimated at approximately $80 million per ship. Despite U.S. trade restrictions on ships of Chinese ownership or management, Dynacom is investing in China due to the technological reliability and low environmental footprint of Chinese shipyards.

The Prokopiou Group currently operates a fleet of over 130 vessels, with an order book that includes both tankers and LNG carriers. These new developments reflect a strategic reshuffling in the global maritime industry, as key players reassess their positions within the shipbuilding sector.

The group is executing the largest shipbuilding program of any Greek-interest company, involving a total of 110 vessels. It is expected to take delivery of 27 ships during 2025. As George Prokopiou has stated, “By the end of 2027, our Group will have 240 ships in the water.”