Brokers report that Turkish owner Geden Lines has just offloaded four geared, Vietnamese-built supramaxes for US$10m each to a Greek owner.

The Turkish tanker and bulker specialist has sold the four ships, Capital, World , Sharp and Celeste at what appear to be an en bloc discount as online portal VesselsValue.com values the ships at around US$12m each.

Greek owner New Times is tipped as the buyer of the quartet in one broking report.

Last year, a string of modern 37,000dwt product tankers was sold to Hafnia Tankers by Geden.

Geden is one of the biggest owners in Turkey and is listed in fleet registers with around 20 ships.