Shell is in talks with a shortlisted group of shipowners for a series of up to 12 LNG dual-fuelled LR2 tankers worth about $740m.

Brokers said Shell is speaking to at least four companies for six firm vessels, with an option for a further six.

Among those named as being in the final round of talks are fund manager JP Morgan and China’s Shandong Shipping, ICBC Financial Leasing and Bank of Communications ­Financial Leasing (­Bocom Leasing).