Greek owner Blue Line Ship Management has circulated two of its four tankers for sale, according to market sources.

The move comes a week after it emerged that sister company Hellenic Star Shipping had avoided the arrest of two bulkers by the Royal Bank of Scotland (RBS).

Blue Line has four products tankers trading in the Navig8 MR pool. But two of them will go under the hammer, according to brokers: the 50,700-dwt Ocean Breeze and 50,500-dwt Ocean Princess I (both built 2008).