Delta Tankers moves to expand VLCC fleet

Diamantis Diamantides’ Delta Tankers has moved to grow its fleet according to brokers, with the acquisition of a VLCC worth $71m-$72m.

Both Advanced Shipping & Trading and Seasure Shipbroking are reporting that Delta has acquired the 2018-built (Hanjin Subic) VLCC Trf Horten. The vessel, worth $72.9m according to VesselsValue, was sold by private equity fund Transportation Recovery Fund (TRF).

If confirmed, the vessel will grow Delta’s fleet to 31 tankers including six VLCCs.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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