Belgian tanker owner Euronav has begun ordering newbuildings again, striking a deal for at least two suezmaxes with Daehan Shipbuilding.

Several brokers and shipbuilding sources in Athens and Singapore say the company is in the process of inking two firm vessels at the South Korean shipyard priced at about $75m each.

This is about $9m above the price that Euronav paid for each of three suezmaxes it ordered at Hyundai Samho last year.