Greek VLCC owner Aeolos Management is continuing to play an active role in the sale and purchase market with another VLCC deal.
According to brokers it has concluded a second deal in a month, replacing a 19-year-old unit with a 16-year-old tanker.
The Hyundai Samho-built 319,000-dwt Mediterranean Glory (built 2004) has been acquired from South Korea’s Sinokor Merchant Marine for an attractive $31.5m.