A select group of Greek shipowners are exploring VLCC newbuilding orders in South Korea.

Andonis TN Lemos-fronted Enesel is understood to be negotiating with two major Korean shipbuilders with a view to booking two vessels.

Compatriots George Economou (TMS Tankers) and Anna Angelicoussis Kanellakis (Pantheon Tankers Management) are also tipped to be examining VLCC newbuildings.

The developments come amid an upturn in VLCC ordering activity that has seen DHT Holdings place two new ships at Hyundai Heavy Industries (HHI) and Brightoil Petroleum look at an order for up to six ships, as TradeWinds reported last week.

Enesel,