Equinor has been linked to long-term shipping partner Tsakos Energy Navigation (TEN) for four dual-fuel aframax tankers that it will take on charter.

The deal is also said to give the Norwegian energy major optional additional shipyard berths that can be used to build LR2 product tankers.

Brokers said TEN is ordering the four LNG-fuelled newbuildings at Daehan Shipbuilding at a high price tag in the mid-$70m range, which they attribute to the recent hike in steel prices.