Procopiou lines up near-$1bn Hengli eight-ship package

George Procopiou’s Dynacom has returned to Hengli Heavy Industries with another eight newbuildings in a package worth close to $1bn, further expanding one of the largest owner-yard programmes in shipping. Hengli has confirmed contracts covering eight vessels spanning VLCCs and 93,000 cu m very large ammonia carriers. The yard has not publicly broken down the … Read full article →