Cypriot owner Andreas Hadjiyiannis' Hellenic Tankers has made its first move in the VLCC market for two years, emerging as the new owner of a ship from the stable of the former Xihe Group fleet.
The 318,400-dwt Chang Bai San (built 2012), a vessel reported sold by Xihe Group liquidators in late August for $41.5m, has entered the Hellenic fleet under its new name, VLCC Stephanie.
