Japanese owner Kyoei Tanker is heading to the Japan Marine United (JMU) shipyard for a new VLCC.

The 311,000-dwt vessel forms part of its fleet reorganisation and willstrengthen its operating base, it said on its website.

JMU will hand over the ship in the first quarter of 2018.

The last confirmed VLCC order was a series contracted by China VLCC in China last November.