d’Amico International Shipping's (DIS) has inked a deal for two 75,000 dwt Long Range (LR1) product tankers with Hyundai Mipo Dockyard's Vietnam yard.

Due to be constructed at Hyundai Vinashin Shipyard for around $44m each, the vessels are slated for delivery in Q2 2018 and Q3 2018 respectively for DIS' tanker arm.

"The new vessels will feature an Energy Efficient Design Index (EEDI) rating “well within the IMO phase-in 2 requirements due for vessels to be built before 31 December 2024, being of 25% lower than the current IMO reference line,” the company said in a statement.

The move brings the DIS orderbook to six LR1, four MR and four handysize vessels, all under construction at Hyundai Vinashin and expected to be delivered between Q4 2015 and Q3 2018.