Vernicos Tugs & Salvage has completed its first purchase move in 2017 with the addition of a tug.
The Greek owner has entered into an agreement to acquire a 5,250-bhp ship built in 1997.
Vernicos did not identify the vessel but said delivery will take place in August in the Middle East.
The 38-metre tug will be most likely be deployed in salvage operations in Greek waters.
