National Iranian Tanker Co (NITC) is making new efforts to conclude scrap deals for two elderly VLCCs.

The company was this week seeking offers by 25 June for the 302,000-dwt Aura and the 299,000-dwt Bright (both built 1993).

The ships were circulated for a demolition sale in late April but so far little has emerged about the process.

NITC will probably have to settle for a lower price.