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Rajalingam Subramaniam (left) is chief executive of AET, while Lois Zabrocky is chief executive of International Seaways. Their companies, plus Advantage Tankers, are poised to own Shell's chartered VLCCs. Photo: Jonathan Boonzier and International Seaways

Three shipowners lined up for Shell’s LNG-fuelled VLCCs at DSME

Contract set to be inked at South Korean yard in February after major reserved berths last month

1 February 2021 11:32 GMT Updated 4 February 2021 12:22 GMT

By Lucy Hine

and Gary Dixon

in London

Three shipowners are poised to ink time-charter contracts with energy major Shell on 10 LNG-fuelled VLCC newbuildings to be built in South Korea.