Tanker owner Euronav has been linked to an order for a VLCC newbuilding at Hyundai Samho Heavy Industries worth KRW 106bn ($93.3m).

Parent Korea Shipbuilding & Offshore Engineering Co (KSOE) said on Monday it had signed up for a 300,000-dwt crude oil tanker newbuilding with a European company for delivery by the second half of 2023.

The Hyundai Heavy Industries Holdings unit did not disclose the buyer’s name but said the VLCC will be constructed at Hyundai Samho.