Greek shipowner Enesel has returned to Daehan Shipbuilding for its second tanker newbuilding deal of the year at the South Korean shipyard.

Filippos and Andonis Lemos-led Enesel has inked a contract for two firm tankers at Daehan and hold options for two more ships, sources say.

The move comes at a time when orders for new suezmaxes have been minimal and continues a string of counter-cyclical tanker investments from the shipowner.