Greece's Tsakos Orders Two Capesize Bulk Carriers from Hengli Heavy Industries
2026-06-23 15:44
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en.Wedoany.com Reported - Greek shipowner Tsakos Group has signed a contract with China's Hengli Heavy Industries to build two 180,000 dwt Capesize bulk carriers, becoming the latest Greek shipowner to join the newbuilding ranks for Capesize bulkers.

Hengli Shipbuilding

According to multiple shipbuilding and brokerage sources, each vessel is priced at approximately $78 million, with delivery scheduled for 2028. Market sources indicate that these ships may be resale orders rather than direct orders from the shipyard.

The Tsakos Group, operating through its New York-listed subsidiary Tsakos Energy Navigation, has traditionally focused on the tanker and LNG shipping sectors, making this investment in dry bulk newbuildings relatively rare. The group currently operates a fleet of about 10 bulk carriers, ranging from Kamsarmax to Capesize vessels. Its most recent Capesize addition was the 182,344 dwt World Seafarer, ordered in 2021 from Japan's Namura Shipbuilding and delivered in 2023. The Tsakos Group's overall fleet exceeds 110 vessels, including those under construction.

This order is the latest development in Hengli Heavy Industries' continued success in attracting Greek dry bulk business. Several shipowners, including Maran Dry, Seanergy Maritime, Neda Maritime, Alpha Bulkers, and Enesel, have already appeared in the Capesize bulk carrier newbuilding market this year.

Another Greek shipowner, Cape Shipping, has also been rumored to have reached an independent Capesize bulk carrier deal with Hengli Heavy Industries. Splash has learned that the company, controlled by the Adrianopoulos family, has ordered up to three 180,000 dwt vessels, scheduled for delivery within the second quarter of 2028. Cape Shipping, which had been absent from the dry bulk newbuilding market for over 15 years, only recently returned to the sector, having ordered two Newcastlemax bulk carriers from China's Dajin Heavy Industry earlier this year. This move marks a shift for the Athens-based shipowner, whose fleet renewal plans in recent years have primarily focused on tanker and container ship investments, including VLCC newbuildings.

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