Greek tanker owner Okeanis Eco Tankers is accelerating the expansion of its Suezmax tanker fleet, announcing the acquisition of two vessels under construction from a South Korean shipyard while simultaneously pursuing equity financing.
According to disclosures by Okeanis, the company has signed an agreement with an unrelated third-party seller to acquire two 157,000 DWT Suezmax tankers currently under construction at DH Shipbuilding.
The vessels under construction are sister ships to two Suezmax tankers acquired by Okeanis earlier this month. Each vessel was purchased for $99.3 million, with the total transaction valued at $198.6 million. They are expected to join the fleet in the second quarter of 2026.
The acquisitions of the two vessels under construction are being conducted independently, meaning that purchasing one vessel will not affect the other. However, this acquisition is contingent on Okeanis completing a new share issuance and debt financing; the shipowner has already raised approximately $130 million through a share offering.
Entering 2026, Okeanis commenced expanding its fleet capacity, confirming this month the delivery of two newly built Suezmax tankers, the Nissos Piperi and Nissos Serifopoula. These vessels were also constructed by DH Shipbuilding and acquired in 2025 from Atlas Maritime at a price of $97 million each.
Upon delivery of the two newly acquired vessels, Okeanis will continue to operate a modern fleet equipped with scrubbers, comprising eight Suezmax tankers and eight Very Large Crude Carriers (VLCCs), all built between 2016 and 2026.