Paris Kassidokostas-Latsis is believed to have pounced on yet another aframax vessel.
K Line's 115,100-dwt Singapore River (built 2009) is reportedly joining the Greek owner's fleet for about $23.3m, according to brokers based in London and Athens.
Managers at main Latsis company Latsco were not immediately available to comment. The owner, however, has made no secret about his intention to opportunistically invest in second-hand tanker tonnage.