Greece's Altomare has sold its three oldest VLCCs as it continues to add younger replacements to its fleet.

According to Greek brokers and other shipping market sources, Altomare's 281,000-dwt Marbella (built 2000) and 314,000-dwt Kelly (built 2000) and Rene (built 2002) have been sold for $95m enbloc.

TradeWinds also understands Piraeus-based Altomare is in the process of buying the 309,200-dwt Olympic Leader (built 2005) from Onassis company Olympic Shipping and Management for a price exceeding $39m.