Equator: George Prokopiou's tanker at Tobruk

The Equator arrived at the Marsa al Hariga terminal, near the port of Tobruk in eastern Libya, at about 2 p.m. time local time. The 900-foot vessel came from the Red Sea and used Egypt’s Suez Canal to enter the Mediterranean, the data show.
EQUATOR IMO number: 9296389 GRT 78845 Crude Oil Tanker 2006 Liberia Call Sign: A8GQ6 Ship manager: DYNACOM TANKERS MANAGEMENT

Dynacom Tankers Management, Ltd., a shipping company, Greece’s third-largest operator of supertankers, operates cargo vessels for the oil industry. It operates a fleet of double hulls, very large crude carriers (VLCC), tankers, and LNG carriers. The company was founded in 1991 and is based in Athens, Greece with additional offices in Bombay and New Delhi, India; Singapore, Singapore; Fujaira, the United Arab Emirates; and a representation in Beijing, China.
The Greek shipowner George Prokopiou, has over the past two years led his company, DYNACOM TANKERS MANAGEMENT LTD to innovation and modernisation by putting into application a wide fleet renewal program. On the occassion of this important development, Mr George Prokopiou spoke exclusively to ELNAVI about the targets of this great effort and about its company's future prospects Mr Prokopiou said that, after many years, a fleet renewal program started about two years ago. For many years the company had managed a fleet of up to 45 tankers totalling 5,5 m dw. The age of those tankers ranged from 20 to 25 years, but with those ships the company managed to include in its clientele all major oil product companies having achieved over the past five years an average delivered crude oil quantity of 1.100.000 barrels a day. According to reports from market sources which were confirmed by Mr Prokopiou, of Dynacom Tankers Management Ltd's old tankers, some have been sold for further trading or conversion to FPSOs while others have been sold for scrap. At the same time an order was placed for newbuildings which are now under construction. This includes twelve suezmaxes, four aframaxes, and three panamaxes. These ships are being built by Sumitomo Heavy Industries, Hyundai Heavy Industries, NKK Onomichi, and Sasebo Heavy Industries. Six ships, of which four are suezmaxes, have already been delivered while in January 2003 three more new tankers will join DYNACOM TANKERS fleet. At present, DYNACOM TANKERS MANAGEMENT LTD's fleet includes 24 tankers whose average age is just below 11 years but in 2004 when newbuilding deliveries are scheduled to be completed, the fleet's average age will drop to eight years. The newbuilding program is Mr Prokopiou's first investment in new tankers. (2003)

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