The Greek shipowner Vyron Vasileiadis-led Venergy Maritime expands its fleet of tankers portfolio by adding newbuilding orders at Shanghai Waigaoqiao Shipbuilding (SWS).

The Piraeus-based player has firmed up two suezmax tankers, with options for an additional two vessels.

The agreement formalises the LOIs previously announced and marks another important step in the continued expansion of the company’s crude tanker platform.

The two firm vessels are scheduled for delivery in 2029 and 2030.

“The agreement reflects our long-term commitment to building a modern, high-quality fleet with strong commercial positioning across key tanker segments,” the company’s statement reads.

Last week, Venergy Maritime reported that it exercised its options for two additional MR (medium range) product and chemical tankers at K Shipbuilding in Korea, with delivery scheduled for 2028.

This brings the total fleet plan to 11 vessels – 8 newbuildings and 3 second-hand units, all Korean-built.

Venergy Maritime, member of Vasileiadis Group of Companies (V Group), is a leading player in environmental services, with 80 years of expertise in port reception facilities and strong presence across the Mediterranean, Balkans and Egypt, as exclusive partner of the Suez Canal Authority.

Its operations span across waste management, alternative fuel production, renewable energy, shipping, investments and technology.