TradeWinds first flagged in June that the deliveries from Cardiff Marine to Tanker Investments Limited (TIL) would not happen within the first half of the year, as originally indicated by TIL when the $315m deal was announced in December.

A Cardiff source pointed to expected deliveries within July at that time but they have not happened.

Brokers said last week that the Teekay side appears to be growing increasingly exasperated that it is still waiting for the vessels in a robust market for crude spot rates.