In a statement filed with the Shanghai bourse CMES said the two-year fixtures are worth approximately CNY 360m ($56m) in total.

The company pointed out that Shell and BP are behind the deals with China VLCC but failed to shed light on which vessels are involved.

Some tanker brokers believe the 296,300-dwt New Peace (built 2012) and 310,000-dwtYangtze Friendship (built 2008) are likely candidatessince the duo are new additions.

Efforts