New York-listed International Seaways is being tied to an order for a pair of LR1 product tanker newbuildings in South Korea.

The Manhattan-based company will be paying about $57m per copy at K Shipbuilding, formerly STX Offshore & Shipbuilding, for delivery in the middle or second half of 2025, tanker market sources tell TradeWinds.

Seaways management did not return a request for comment by TradeWinds’ deadline.