Tanker owners will be hoping for more of the same as two elderly VLCCs were sold for scrap despite falling prices.

Brokers reported the 301,700-dwt Hikari (built 2003) and 281,000-dwt Kyoto (built 2000) offloaded at $606 per ldt, or $23m and $25m respectively, well below the peak of more than $700 per ldt earlier this year.

Both vessels have recently been operating in the fleet of low-profile Greek tanker manager Marbella Seaways.