DryDel Shipping, which owns Greek dry bulk carriers, has added two new 82,000 deadweight (dwt) Suezmax tankers to its construction program at the Tsuneishi shipyard. This move is aimed at expanding the company's investments in the Suezmax sector.
Construction Details and Standards
The pricing and delivery dates for these two new vessels have not yet been officially announced. However, these ships will be built in compliance with NOx Tier III and EEDI Phase 3 standards and will be equipped with energy-saving technology. Thus, DryDel Shipping aims to improve the efficiency and reduce the environmental impacts of its fleet.
Read more: Approval of LNG conversion design of the vessel by Bureau Veritas to Exmar
Investment Trends and Demand
Previously, in May, DryDel Shipping had ordered another Suezmax vessel of the same size from the Shin Kurushima shipyard for delivery in 2028. This order is part of a three-ship order that includes 64,000 dwt Ultramax vessels from the Nihon and Oshima shipyards. Greg Stanton, CEO of DryDel Shipping, stated that the company expects long-term demand for modern Suezmax vessels built in Japan to increase. Currently, the capacity for building quality vessels of this size is limited, hence the company continues to invest in this sector.
In recent years, DryDel has become one of the active buyers of Japanese vessels and has expanded its investments across a wide range of dry bulk carriers, from small to large sizes.
Read more: Pan Ocean signs $110 million VLCC charter contract with Trafigura · Increase of the Russian-flagged tanker fleet to 382 vessels
