Koch Industries has scooped up another VLCC from the period tanker market, this time in a $10m deal with Wah Kwong Maritime Transport Holdings.

UK-based shipbrokers say the US energy trader has fixed the 297,000-dwt Trikwong Venture (built 2012) for a year at $27,500 per day.

That is in line with market expectations. Clarksons estimates year-long charters of VLCCs are worth $27,750 per day, which is unchanged from a week earlier.