Oslo-listed TIL paid $315m for the vessels to complete the investment phase for the private equity backed company which ran to over $1bn all in.

TIL was set to accept delivery of the vessels during the first half of 2015 when the deal was signed and TradeWinds reported last month the tankers were heading for a July arrival.

Today, TIL told investors the ships will arrive “during the early third quarter”, without offering any reason for the delays. 

Suezmax