Singapore’s Eastern Pacific Shipping has quietly added two MR tanker newbuildings worth $86m to its huge orderbook.

Shipping sources familiar with the Idan Ofer-controlled company said it signed up for two 50,000-dwt product carriers at Hyundai Vietnam Shipbuilding in September but the newbuilding contract was never reported.

Officials at Hyundai Vietnam and Eastern Pacific chief executive Cyril Ducau declined to comment when contacted by TradeWinds.