Two Greek product tanker specialists have expanded their bets on a market recovery with acquisitions that help fill a few items into an otherwise thin list of secondhand tanker transactions.
With the exception of a blockbuster deal that saw Clean Sea Transport acquire nine dual-fuel methanol tankers and conventional LR1s, tanker sale-and-purchase markets remain sluggish.
One rare sign of life was provided by Spring Marine Management, which ship management sources in Athens identify as the buyer of the 51,400-dwt tanker Ivy Express (built 2009).
