Wedoany.com Report-Dec. 21, Venergy Maritime, a Piraeus-based shipping company led by Vyron Vasileiadis, has placed an order for up to four 1,900 TEU feeder containerships at CSSC's Huangpu Wenchong Shipbuilding. The contract includes two firm vessels and two options, with details on pricing and delivery schedules not yet released.

These vessels follow Huangpu Wenchong's Honghu-class design and represent Venergy's initial venture into the containership sector since its establishment in 2021.

The order has been confirmed by Huangpu Wenchong Shipbuilding and China Shipbuilding Trading. It comes after a comparable agreement with Greece's Latsco Shipping in July, with industry estimates suggesting a value of approximately $31 million per ship.

Previously centered on product tankers, Venergy currently manages three contemporary MR vessels. The company is also advancing a four-vessel MR newbuilding series at South Korea's K Shipbuilding, with handovers extending to 2027.

Additionally, Venergy has expanded into larger tonnage through two 115,000 dwt aframax/LR2 tankers equipped with scrubbers, contracted at China's New Times Shipbuilding for delivery in 2029.

Venergy Maritime forms part of the broader Vasileiadis Group, which maintains activities in areas such as port reception facilities, waste management, renewable energy, and alternative fuels.

This containership acquisition introduces a new operational segment, complementing the ongoing tanker developments and creating a more varied fleet composition.

The move allows Venergy to participate in the feeder container market, supporting regional and short-sea trade routes with modern, efficient tonnage.

By selecting established designs from a prominent Chinese yard, the company gains access to proven technology suitable for feeder applications.

This diversification aligns with strategic growth in multiple shipping categories, leveraging opportunities in both tanker and container transportation.

As the tanker newbuildings progress, the addition of containerships positions Venergy for balanced exposure across dry and wet cargo sectors.

The Vasileiadis Group's diversified background provides foundational support for these maritime expansions, emphasizing sustainable and innovative approaches in vessel operations.

Overall, the order highlights Venergy's rapid development as a versatile owner, building a contemporary fleet capable of addressing varied market demands through targeted investments in new construction.