Hong Kong’s Valles Steamship has splashed out $104m on up to two LR2 tanker newbuildings at South Korea’s Daehan Shipbuilding.
Shipbuilding players said the Koo-family shipowning company has signed up for one 110,000-dwt product tanker, with an option on a further vessel.
Valles is scheduled to take delivery of the firm ship in the second half of next year.
Daehan declined to comment, citing contract confidentiality.
