Philip Embiricos-led Aeolos Management has been linked to the purchase of another VLCC, in an apparent continuation of the Greek company's efforts to boost its fleet.
Broking sources in the US and in Greece said Aeolos has purchased the 300,000-dwt Kai-Ei (built 2004) for $23.8m from Japan’s Kyoei Tanker.
Managers at Piraeus-based Aeolos and its London-based affiliate Andros Maritime did not respond to a request for comment by TradeWinds' press time.
