
Vyron Vasileiadis Expands Fleet with VLCC Order at Hengli Heavy
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Greek shipowner Vyron Vasileiadis, who heads Venergy Maritime, OceanV Maritime and the V Group of Companies, placed his first order for VLCC vessels at the Chinese shipyard Hengli Heavy Industries, marking another step in the rapid expansion of his tanker business.
Order Details
According to Splash247, the deal involves two firm VLCCs of 306,000 deadweight tonnes, with options for two more, with deliveries expected in the first quarter of 2029 according to Greek shipbuilding sources. Lloyd's List, meanwhile, reports that Venergy ordered up to four tankers of 306,000 DWT at Hengli, with two firm units scheduled for delivery in early 2029. The financial terms of the deal were not disclosed.
A Growing Portfolio
Lloyd's List notes that Venergy's orderbook is diversified across several shipyards and includes, in addition to the VLCCs, suezmax, LR2 and MR2 vessels, and that the company chose DeepSea Technologies' platform for data management and fleet technology. Trade Winds highlights that Vasileiadis has invested more than $2 billion in newbuilding tankers and container ships in just 16 months.
Track Record with Hengli and Other Shipyards
According to Splash247, Venergy entered the tanker sector by purchasing three secondhand MR2s, before ordering eight MR2s at South Korea's K Shipbuilding and six LR2s at China's New Times Shipbuilding. It later moved into larger crude carriers, accumulating eight suezmaxes across Shanghai Waigaoqiao Shipbuilding, Guangzhou Shipyard International and Hengli. The relationship with Hengli began in June with a contract for two firm suezmaxes plus two optional units, options that Venergy exercised in September, bringing its firm series at the Dalian shipyard to four vessels of 158,000 DWT.
With the new VLCC order, Venergy would add two additional firm vessels and the possibility of expanding the series by two more. Splash247 notes that, if OceanV Maritime's associated container ship program is added and all pending VLCC options are exercised, Vasileiadis's total newbuilding portfolio could reach 34 vessels.



