Harry Vafias’s Stealth Maritime has dived into the secondhand market, bagging a pair of well priced product tankers.
Vafias is tied to one ship sold at auction in a judicial sale in the ongoing massive fleet sell-off of the Xihe Group. The Greek outfit is reported adding the 14-year-old 50,000 dwt MR tanker Ocean Mars for $9m.
Sales registers also show that Stealth Maritime has added a second ship this month, putting $14m on the table for the 10-year-old 46,000 dwt Justice Express, a Japanese controlled tanker.