Singapore-listed Yangzijiang Shipbuilding is said to have raked in the contract for two 50,000-dwt product tankers that Greek shipping company Tsakos Energy Navigation (TEN) revealed it had placed last week.

Shipbuilding sources following the shipyard’s activities said TEN had contracted the vessels to be delivered in the first quarter of 2026 at a price of morte than $43m apiece.

Last week, the US-listed Greek shipowning company disclosed that it had ordered two scrubber-fitted MR tankers without naming the yard, saying their employment was “under discussion”.