US owner International Seaways (INSW) has bought its first suezmax tankers in a resale deal which marks its first dip into the sale-and-purchase market since it separated from Overseas Shipholding Group.

The New York-listed OSG spin-off said the duo would be delivered from Korea's Hyundai Samho Heavy Industries by the end of July.

Shipbroking sources say the vessels are a 158,000-dwt pair ordered by Germany's Johan Blumenthal for hand-over in June and August.