Tanker Fleet Expansion Continues with New Orders
A Greek shipping firm has expanded its newbuilding programme with additional suezmax tanker orders in China, contributing to a growing global orderbook.
A Greek shipping company has confirmed additional suezmax newbuilding orders at a Chinese shipyard. This development adds two more vessels to its existing series, bringing the total for this particular class at the Dalian facility to four.
This latest move contributes to the company's broader newbuilding programme, which now encompasses a significant number of vessels across various types. The firm has been actively investing in fleet modernisation and expansion.
The recently firmed orders are for 158,000 deadweight tonne (dwt) tankers. These vessels are understood to be part of an option agreement linked to an earlier deal established this year.
The global suezmax orderbook has seen consistent growth, with current figures indicating a substantial number of vessels on order. This reflects ongoing investment in the crude oil and refined products transportation sector.
Industry observers note that such investments align with long-term projections for seaborne trade volumes. The addition of modern, efficient tankers supports the evolving requirements of global energy logistics and commodity movements.
Source & attribution
Based on reporting by Splash 247, published 8 Sept 2026, 10:37 UTC.
Original headline: “Venergy firms Hengli suezmax options as orderbook hits 30”.
Retrieved 8 Sept 2026, 12:00 UTC.
Reported with reference to Splash 247; text independently written by Base Oil Trade.
This summary was drafted with editorial automation from the cited source and checked against it before publication. See our AI & content policy.
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