Giuseppe Bottiglieri Shipping Company (GBSC) is poised to exit the tanker sector with the sale of four product carriers estimated to be worth around $30m en-bloc.

The 40,000-dwt Manuela Bottiglieri, Alessandra Bottiglieri, Ghetty Bottiglieri and Mariella Bottiglieri (all built 2002) are expected to fetch between $7.5m to $8m each, according to some estimates.

Managing director Mariella Bottiglieri confirmed that the vessels would be sold, but she was unable to comment further.