China’s CSSC Guangzhou Longxue Shipbuilding won a newbuilding order for two 115,000 dwt tankers from a shipowner in Hong Kong. 

The 115,000 dwt newbuilds are slated for delivery in the fourth quarter of 2015 with the newbuilding price projected to be around $47-48m apiece. 

However, the Hong Kong owner said that the contract is still under consideration without an official confirm of agreement. A broker also said that it is uncertain if the contract would take effect although the owner had inked a letter of intent.