Hellenic Tankers identified as buyer of auctioned Hermes Maritime VLCC Chloe V

Asset player Andreas Hadjiyiannis has emerged as the buyer of a Ghassan Ghandour-controlled VLCC that was recently auctioned in Singapore.

On 7 January, UK shipbroker CW Kellock, which marketed the sale on behalf of Credit Suisse, told TradeWinds the highest bid for the 320,300-dwt Chloe V (built 2011) was $42.1m from Navygold Maritime.

Sources familiar with the Chloe V's auction process said that the entity behind Navygold Maritime is Hadjiyiannis tanker outfit Hellenic Tankers, which made the highest offer in a hotly contested auction that saw 11 interested shipowners inspect the vessel prior to the auction with seven submitting bids.