The Lykiardopulo family has joined Ridgebury Tankers in cashing in a veteran VLCC to FPSO specialist Yinson Holdings, market sources said.

Kuala Lumpur-listed Yinson is understood to be paying $60m for the two tankers as it looks to secure tonnage for upcoming projects.

The VLCCs follow the acquisition of another large tanker by Yinson from John Fredriksen’s Ship Finance International in late 2018.