STX Offshore & Shipbuilding said on Friday that Greece's Pantheon Tankers has added two MRs to its orderbook there.

The Korean yard said that two options for 50,000-dwt tankers had been declared.

The owner, part of Alpha Tankers & Freighters International, contracted four sisterships at STX last September.

Pantheon was reported to be paying $33m each for the 50,000-dwt product carriers.

KDB backing order

Shipbuilding players say STX Offshore managed to get state-owned Korea Development Bank (KDB) to issue refund guarantees for the MRs.

They add that it took the yard around two months to arrange this, which is considered to be a relatively long time.

TradeWinds reported last year that Pantheon was poised to expand its fleet with two aframax tanker newbuildings.

The Athens-based shipowner has reportedly signed a letter of intent for a pair of 114,000-dwt crude carriers at Hanjin Heavy Industries & Construction (HHIC)’s Subic Bay yard in the Philippines.

The price tag is said to be between $42.5m and $43.5m each. Delivery is scheduled for the end of 2019.

Pantheon was set up in 2013 and is controlled by Anna Angelicoussis-Kanellakis, her sons, Frangiskos and Antonis; and her daughter, Maria Kanellakis.

The company currently has 21 tankers on the water: nine VLCCs, eight suezmax carriers and four aframax tankers.

It also has two 115,000-dwt aframax tankers under construction at Japan’s Namura Shipbuilding for delivery in 2018.