New Shipping of Greece is sticking to its policy of acquiring tankers between 14 and 17 years old.
The 107,200-dwt Minerva Emma (built 2003), an aframax reported sold to undisclosed buyers last month, has emerged under management of the Adam Polemis-led company with a new name — Paros.
The price paid for the Namura Shipbuilding-constructed vessel is not clear, with several brokers indicating it fetched $13m.
