France’s Socatra has exercised options at Hyunday Mipo Dockyard (HMD) that add to an effort to expand its MR product tanker fleet.

Shipbuilding sources said the shipowner signed the dotted line for two 50,000-dwt product carriers at Hyundai Mipo Dockyard (HMD).

The deal involves options the company held as part of an order earlier this year that saw it book two firm vessels at the Ulsan-based shipyard, as