Evangelos Marinakis-backed Capital Ship Management is reported to have agreed on a lucrative sale of two MR tankers that have been in the fleet since they were built.

European brokers said UK shipping fund Tufton Oceanic Assets is paying a combined $73m for the 50,000-dwt Alkaios and Archon (both built 2016).

This represents $8m more than the Greek owner paid to order the vessels at Samsung Heavy Industries in 2013.