The Greek shipping company has gone to Hyundai Heavy Industries (HHI) for two suezmaxes and ordered four crude-oil aframaxes at Japan’s Sasebo Heavy Industries.

Market players say the newbuildings are not newly signed but deals that were never reported.

“We understood the newbuildings were signed in the summer,” said one shipbuilding source.

Officials at HHI and Sasebo decline to comment, citing confidentiality clauses.

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