Greece’s Moundreas family has picked up a German-held VLCC to replace a somewhat older unit it sold for demolition earlier this year.
Several brokers link Moundreas company NGM Energy to the purchase of the 299,000-dwt DS Vida (built 2003) at a price of $22.8m.
Others speculate a higher price in the region of $24m has been paid in a transaction with comes at a time VLCC rates are enjoying a hot winter streak.