South Korea-based Sungdong Shipbuilding has received its second Suezmax tanker order in a month.

The contract includes two 158,000dwt Suezmax tankers worth $70m each from an unidentified European company.

The two ships are scheduled for delivery in the last quarter of this year.

Sundong received its first order this month when Greek company Tsakos Energy Navigation requested two Suezmax vessels worth $72m each.