US-listed tanker owner International Seaways has wound up a suezmax joint venture with a company linked to legendary US investor Wilbur Ross.

NT Suez was set up in 2014 to order two new tankers, the 157,500-dwt Loire and Namsen (both built 2016).

Seaways had 51% and Luxembourg-based WLR/TRF Shipping had 49%.