German shipping player Dr Peters Group is left with just two tankers after selling an 18-year old suezmax duo to NGM Energy, a Moundreas family company.

European market sources said the 150,000-dwt sisterships DS Symphony and DS Melody (both built 2001) changed hands at close to $12m each.

The vessels, built at Sasebo Heavy Industries, were among a group of tankers redelivered to Dr Peters about two years ago by John Fredriksen’s Frontline, which had them on long-term charters.