Hong Kong’s Landbridge Holdings has added to its owned VLCC fleet in a deal with John Fredriksen’s SFL Corp.

Oslo-listed sale-and-leaseback specialist SFL said Landbridge had declared a purchase option for the 308,000-dwt Landbridge Wisdom (built 2020) — its one remaining large crude carrier, and its last bareboat-chartered tanker of any size.

Delivery of the vessel is scheduled to take place at the end of this month.