Raffles Shipping Group of Singapore is reported to have declared an option for another MR2 product tanker at Penglai Zhongbai Jinglu Ship Industry in China.
Brokers said on Thursday the 50,000-dwt vessel would be delivered in 2022.
Declaring the option gives Raffles a total of three tankers on order at the Shandong-based shipyard.
The first two were ordered last September for delivery in September and December this year.
