Greek owner Venergy doubles its VLCC order at China’s Hengli to four supertankers

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Piraeus-based Venergy Maritime, controlled by Greek shipowner Vyron Vasileiadis, has ordered two more very large crude carriers (VLCCs) at China’s Hengli Heavy Industries, doubling its first supertanker order to four ships.

The order

  • Ships: two more 306,000 dwt VLCCs, ordered by exercising options attached to an October contract for two
  • Total at this stage: four VLCCs, all due for delivery in 2029
  • Hengli programme: eight tankers in total, four suezmaxes and four VLCCs

Venergy’s work with Hengli began in June with two firm suezmaxes plus two options, which were confirmed in September.

A fast-growing orderbook

  • Venergy now has 26 tankers on order across the MR2, LR2, suezmax and VLCC sizes.
  • Adding eight 1,900 teu containerships ordered by affiliate OceanV Maritime at Huangpu Wenchong Shipbuilding, the group’s pipeline stands at 34 ships.
  • Vasileiadis has committed more than $2bn to fleet expansion in about 16 months.
  • The company has also booked suezmaxes at Shanghai Waigaoqiao Shipbuilding and Guangzhou Shipyard International, and product tankers in China and South Korea.

The order adds to the record global orderbook that analysts warn could lead to a delivery crunch at shipyards in 2027 and 2028.

Based on reporting by Splash247, 6 November 2026.

Photo: Representative image: a shipyard in Dalian, China (not Hengli). Tyg728 / Wikimedia Commons, CC BY-SA 4.0

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