Velos Tankers’s rapid fleet start shows no sign of slowing

Velos Tankers’s rapid fleet start shows no sign of slowing

Another ship has joined the fleet of Velos Tankers, a venture set up by Paschalis Diamantides, son of Diamantis Diamantides. The company has emerged as the taker of the 53,000 dwt Velos Fortuna, ex-Challenge Pacific, a ship sold by Meiji Shipping for just under $14m.

The ship was fixed out again to Clearlake, last week according to VesselsValue, at $16,000 per day for 21 months.

Velos Tankers’ debut was in August when it bought two MR tankers, the 50,000 dwt Atlantic Leo and Atlantic Aquarius (both built 2008), from Diamond S Shipping. This deal was soon followed by a third ship, the 75,000 dwt Breezy Victoria (built 2007), an LR1 product tanker sold by Japan’s MOL for $13.5m.

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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