China’s New Times Shipbuilding is being tipped to rake in up to six LNG dual-fuelled VLCCs from Tor Olav Troim’s Magni Partners.

Multiple shipbuilding sources said the London-based company will ink two firm newbuildings with the privately owned shipyard imminently. The deal includes options for two sets of two additional vessels.

News of Troim staging a comeback in VLCCs after a 15-year break with a newbuilding order emerged in June at the annual Marine Money Week conference in New York.