Greek shipowner Minerva Marine has sold two of its oldest aframax tankers to United Arab Emirates-based buyers as it continues to renew its fleet.

Brokers said the company, among the world's leading owners of aframaxes, has sold the 106,000-dwt Minerva Zenia (built 2002), which was built at South Korea's DSME.

The other ship involved in the deal is the 104,000-dwt Minerva Alexandra (built 2000), which was constructed at Samsung Heavy Industries.