Empire Chemical Tankers, a company controlled by a branch of the Polemis family, has placed an order for several MR tanker newbuildings.

According to shipbuilding sources, the Greek outfit struck a contract worth slightly more than $230m with Hyundai Mipo Dockyard for up to six 50,000-dwt product carriers. The deal is said to be for four firm vessels plus options for two additional ships.

Officials at HMD declined to comment, citing contract confidentiality.

Managers at Empire Chemical Tankers did not immediately respond to a request for comment.