Top Ships has enlisted the help of a Chinese bank to finance two medium-range product and chemical tanker newbuildings under construction in South Korea.

The Evangelos Pistiolis-led shipowner penned a deal with a "major Chinese financier" for up to $60.2m in financing to pay for the two scrubber-fitted, 50,000-dwt ships. The company providing the finance was not named.

The "ultra-high specification" eco vessels are due for delivery from Hyundai Mipo Dockyard (HMD) in February, Top Ships said.