Korea's Hyundai Heavy Industries (HHI) has confirmed an order for two VLCCs.

The Yonhap news agency reported that the yard said the vessels will be handed over to compatriot Sinokor Merchant Marine in 2019.

The price has been estimated at $166m for the pair.

HHI's London office could not confirm the deal on Friday, while the company was not contactable in Korea.