Brave turns acquisition firepower to product tankers with MR duo

Having expanded with a dozen bulkers and LPG ships earlier this year, Greece’s Brave Maritime has turned its buying focus to product tankers, sensing that this corner of the market has better days ahead.

Ship-management sources in Athens identify the Vafias family’s private company as the buyer of the 46,000-dwt Justice Express (built 2011). TradeWinds reported earlier this month that unidentified interests bought the Japanese-held vessel.