Louis Dreyfus Co (LDC) is poised to be the first company to sign up for dual-fuel MR tanker newbuildings at K Shipbuilding, formerly STX Offshore & Shipbuilding.

The agricultural trader is set to sign an order for one LNG-fuelled 50,000-dwt product carrier plus one optional vessel at the Jinhae-based shipyard, according to shipbuilding players.

Officials at K Shipbuilding declined to comment on its newbuilding activities, citing contract confidentiality.