Korea Line Corp (KLC) has ordered two VLCC newbuildings at compatriot shipbuilder DSME, the company confirmed Monday.
The two 300,000-dwt crude tankers are costing a total of KRW 187bn ($176.8m) and are due to be delivered from DSME's Okpo facility in late 2019.
The ships have been ordered on the back of two consecutive voyage contracts (CVC) deals with domestic oil company S-OIL.