Trygve Seglem has today formally inked two shuttle tankers at Hyundai Heavy Industries in a deal that marked a new way of doing business in the sector.

Seglem shook hands on a $210m contract for the pair with HHI president Ka Sam-hyun in Norway today.

As TradeWinds reported last week Knutsen NYK Offshore Tankers concluded a five to seven years charter for two suezmax shuttle tankers with Equinor, which were slated to be built at HHI.