Hellenic Tankers adds two more

Brokers tells Splash that Greek tanker specialist has bolstered its VLCC fleet, adding the VLCC Nichioh from Japan’s JX Ocean for $23m, a significant move for the relatively fresh VLCC player.

MSI has a fair market value on the tanker of $28.6m and projects it to rise.

Hellenic Tankers entered the VLCC arena last December. In May it bought the Takamine VLCC from Nippon Yusen Kaisha (NYK).

The Greek owner has also just bought the aframax River Eternity from another Japanese line, Kawasaki Kisen Kaisha (K Line), the fifth ship Hellenic Tankers has added this year.

The fleet of the Andreas Hadjiyiannis-led firm now totals 16 tankers.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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