Carsten Mortensen’s Dee4 Capital Partners is teaming up with footwear maker ECCO and trader Gunvor Group on an order for up to four MR tankers at Hyundai Mipo Dockyard.

The Danish private maritime investment fund has booked two product carriers at the Hyundai Heavy Industries-controlled shipyard, with options for two more.

"We are delighted to place an order for vessels of such a high specification from the pre-eminent product tanker shipyard in the world," said Mortensen, a founding partner at Dee4.