Embattled oil tycoon and Hin Leong Trading founder Lim Oon Kuin has sold two VLCCs to Eyal Ofer's Zodiac Maritime.

Sale-and-purchase market sources said Zodiac Maritime acquired the 318,800-dwt Kun Lun San and Wu Tai San (both built 2011) for an undisclosed sum.

They added that the sales of the Shanghai Waigaoqiao Shipbuilding-constructed crude tankers to the Monaco-based shipowner were carried out by Xihe Capital, which is part of Xihe Group.