A secondhand VLCC deal between two Greek companies has placed emphasis on falling tanker prices amid a weak freight environment.

Several brokers said Vanda Marine in early July sold the 320,000-dwt Hra (built 2011) to Eurotankers for $48m, inclusive of future installations of scrubber technology and a ballast water treatment system.

It later emerged that the Elias and Michael Gotsis-led company might have opted for a cheaper price tag of $46m without those installations, but this could not be immediately verified.