Greece’s Okeanis Eco Tankers is moving to expand its fleet with the purchase of two newbuilding suezmax vessels.
The vessels are under construction at Daehan Shipbuilding in South Korea and are
Greece’s Okeanis Eco Tankers is moving to expand its fleet with the purchase of two newbuilding suezmax vessels.
The vessels are under construction at Daehan Shipbuilding in South Korea and are being acquired each from an unrelated third-party seller.
The Oslo Stock and New York listed company, led by Ioannis A. Alafouzos, has agreed to buy the vessels for $97m each.
Each vessel is expected to be delivered from the shipyard in January 2026, subject to satisfaction of closing conditions for such delivery.
The company priced an offering of new shares of the company’s common stock, raising gross proceeds of $115m.
The net proceeds from the offering are expected to be used as partial consideration for the acquisition of the two newbuilding suezmax vessels.
The company’s sailing fleet consists of six scrubber-fitted suezmax tankers and eight scrubber-fitted VLCC tankers.
According to Okeanis Eco Tankers, if one or both of the vessel
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