Brokers have reported that M Sea Capital has disposed of its two aframax tankers as it focuses on the MR product carrier sector.
But the Modi Mano-led shipowner has denied reports of the sale.
US brokers claimed that the company sold the 114,900-dwt Sunny Atlantica for $15.5m and sistership Antarctica for $16.25m. Brokers said FGAS Petrol Co of Vietnam is the buyer.