Hong Kong-based ship owner and operator Wah Kwong Shipping has decided to commit four of its Aframax tanker newbuildings to Navig8 Group’s V8 Pool.

The company's 112,000dwt Unity Venture and Wisdom Venture, currently under construction at Japan's shipyard Sumitomo, are expected to join the pool following delivery in February and May 2017, respectively.

The two newbuildings are in addition to the 115,000dwt Victory Venture and Tenacity Venture, built by Chinese Shanghai Waigaoqiao Shipbuilding, due to deliver ex yard in February and April 2017, according to Navig8 Group.

With a market value in the range from US$37.5m to US$40m, the new tankers feature a length of 237 and 247 meters, respectively, and a width of 44 meters.

Including the new Aframaxes, Navig8's pool counts a total of 20 vessels, built between 2002 and 2017, according to the company's data.