Korea's Hyodong Shipping has inked a domestic tanker order to renew its fleet.

Brokers said the owner has signed up for a 4,000-dwt product and chemical carrier at Samkang M&T.

This will be delivered in August 2020, but no price was given.

Busan-based Hyodong controls Dongbo Shipping and Hyo Dong Marine Service.

It has six tankers built in the 1990s and 2000s, and two veteran tugs.