A former Xihe Holdings VLCC auctioned at the beginning of January has emerged under new ownership that suggests a strong link to Cypriot owner Andreas Hadjiyiannis’ Hellenic Tankers.

With the destiny of the 318,600-dwt crude carrier Wu Yi San (built 2012) pointing firmly in his direction, Hadjiyiannis now appears to have bought two VLCCs at auction in Singapore within a week.