New York-listed Scorpio, which TradeWinds revealed last month to have placed its maiden VL contract, has penned the vessels at DSME and Hyundai Samho.

Scorpio is paying $652.5m for the tankers, which comes out at $93.21m each.

In the money

Omar Nokta of Global Hunter Securities said: "The $93.2m average newbuilding price is rather cheap, in our opinion, considering shipyard prices are on the rise.

"In