Container ship and bulker owner Cape Shipping is said to be expanding its fleet with tanker newbuildings.
Shipping sources say the Greek shipping company has ordered two 74,000-dwt LR1s at Yangzijiang Shipbuilding and two 115,000-dwt LR2s at Dalian Shipbuilding Industry Co, known as DSIC.
The deal comes after Cape returned to tankers late last year, having exited a decade earlier.
