International Seaways is poised to collect $50m from the sale of two 2008-built MR2 sister tankers.

The diversified tanker owner is in advanced discussions to sell the 51,250-dwt Seaways Niagara and Seaways Nantucket for about $25m each, US and Greek shipbrokers said on Sunday and Monday.

A US-based broker described a buyer for one of the vessels as based in the Middle East.