Maran Tankers Management, the oil tanker unit of Greece’s Angelicoussis Shipping Group, has taken delivery of a new LNG dual-fuel Suezmax tanker, the company confirmed this week. The 155,500-dwt Maran Myron was built by China’s New Times Shipbuilding and sails under the Greek flag, extending one of the world’s largest privately owned tanker fleets.
The delivery was announced in a social media post by the Angelicoussis Group on Wednesday, which described the vessel as another addition to the group’s modern and energy-efficient fleet. The handover follows an earlier order for four LNG dual-fuel Suezmax tankers, with Maran Tankers subsequently exercising an option for four more vessels of the same type.
Vessel Specifications and Order History
Maran Myron incorporates an optimized hull form, advanced energy-saving devices and a shaft generator designed to cut fuel consumption, according to the group. The dual-fuel propulsion allows the tanker to run on LNG as well as conventional marine fuel, a configuration increasingly favored by owners seeking to narrow the gap with tightening international emissions rules.
The newbuild is part of a broader program in which Maran Tankers first committed to four LNG dual-fuel Suezmax vessels before exercising options for four additional ships, bringing the total series to eight. Maran Myron is the latest of these units to enter service, continuing a steady drumbeat of deliveries from Chinese yards to the Angelicoussis-controlled fleet.
Angelicoussis Group’s Fleet Position
Maran Tankers currently operates 53 vessels and has 10 more on order, according to the company’s own figures, placing it among the largest Suezmax and VLCC operators under Greek ownership. The Angelicoussis Shipping Group, founded by the late shipowner John Angelicoussis, has long registered the bulk of its fleet under the Greek flag, a practice credited with supporting the country’s maritime employment and training base.
The group’s continued investment in dual-fuel newbuildings reflects a wider pattern among major Greek owners of locking in LNG-capable tonnage years ahead of stricter International Maritime Organization carbon intensity requirements. Suezmax tankers, which typically carry around one million barrels of crude, remain central to transatlantic and Black Sea crude flows, making fuel efficiency on this vessel class commercially significant for charterers as well as owners.
Market Context for Greek Tanker Newbuilding
The delivery comes as Greek shipowners maintain their position as the world’s largest ship-owning nation, with industry data showing the Greek-controlled fleet exceeding 5,800 vessels and roughly 19 percent of global tonnage. Greek interests have also expanded their newbuilding commitments sharply over the past year, with orders spanning tankers, bulk carriers and gas carriers increasingly directed toward Chinese shipyards offering dual-fuel designs.
For New Times Shipbuilding, the Maran Myron delivery underscores the continuing flow of large tanker orders from Greek owners to Chinese yards, a trend that has reshaped global orderbooks in recent years. Industry observers have noted that owners pursuing LNG dual-fuel retrofits and newbuilds are positioning their fleets to remain competitive as emissions-linked charter preferences tighten across the crude tanker segment.
Why it matters
The delivery illustrates how leading Greek owners are using newbuilding programs to pre-empt tightening IMO carbon rules rather than retrofitting older tonnage, reinforcing Greece’s dominant share of global tanker capacity. For the Suezmax segment, which underpins much of the Atlantic Basin and Black Sea crude trade, the addition of dual-fuel capacity gives charterers more compliant options as emissions scrutiny intensifies. The continued flow of large Greek orders to Chinese shipyards also signals where the next generation of efficient tanker tonnage is likely to be built.
Source: LNG Prime
