US investment banking and principal investment firm Delos Shipping has been linked to an order of up to 12 very large ethane carriers (VLECs).

Data provided by Asiasis show that the company placed the order with two South Korean shipyards, Samsung Heavy Industries and Hyundai Heavy Industries.

It is reportedly that the company placed firm orders for three vessels at each of the said shipyard, coupled with three options for each contract. The delivery is scheduled to start from the second half of 2020.

Asiasis added that the newbuilds will measure 93,000cbm with the price worth up to US$1.5 billion.