South Korea-based Dong A Tanker has sold two of its newly delivered MR product tankers to Greek buyers for US$69.6m in total, which includes the ships' respective timecharter contracts.

Brokers said that the buyer is likely to be Vardinoyannis-controlled Avin International.

The 50,000dwt Dong A Krios and Dong A Triton were delivered this year from Hyundai Mipo in South Korea and were sold for US$34.8m each. The vessels both have epoxy-lined cargo tanks.

Both tankers have been timechartered to an unnamed counterparty for five years at US$15,500 per day, plus an option for a one-year extension period at US$16,000 daily and a further year at US$16,500 per day.