Greece’s Tsangaris family has made its first visible shipping move in years, setting up a company active in oil carriers.

Westport Tankers — an entity listed in the same neoclassical office building in Piraeus as original family company Tsangaris Bros — obtained a licence from Greek authorities at the end of April.

That was just about the time when the company or clients thereof made their first transaction, picking up the 106,100-dwt LR2 tanker Makronissos (built 2002).