Germany’s Schulte Group is reported to have sold its last big tankers as the fleet shrinks further.

European brokers are citing a price of $18.4m or $19m each for the 74,000-dwt LR1 ships Amber and Azurite (both built 2008).

The buyer is not yet known.

The company told TradeWinds it does not comment on such reported transactions.

VesselsValue assesses the tankers as worth $22m each.