Oman Shipping Company has confirmed a VLCC order at South Korean shipbuilder DSME.

The deal marks the owner’s first crude tanker newbuilding move in a decade and continues an impressive start to the year for the shipyard.

Talk of Oman Shipping ordering VLCCs has escalated in the market this week, just days after chief executive Tarik Al Junaidi resigned.

The Oman Shipping order, plus a four-tanker swoop from Sinokor Merchant Marine at the same yard, features on the front page of this week’s TradeWinds.