A newcomer on the Hong Kong shipowning scene has bought one of Bahri Chemical’s older MR2 product/chemical tankers.

Captain Chan Shipping has recently taken delivery of the Saudi Arabian tanker giant’s 46,300-dwt NCC Tihama (built 2006) after paying between $21.5m and $22.5m, according to various broking sources.

The Hyundai Mipo Dockyard-built NCC Tihama was quietly sold in June as part of Bahri Chemical’s ongoing fleet renewal process, Asian tanker broking sources say.