India Steamship’s long-awaited sale of its four strong coated aframax fleet may finally be nearing an end.

Respected shipbrokers say the Hyundai Heavy Industries-built tankers have found a buyer in the form of Greek owner Centrofin Management.

Centrofin is said to have committed the ships at a price of around $90m.

The Greek owner is said to have bought the 105,800-dwt Ratna Shalini (built 2010) at $25m.