US-based Mjolner Shipping is developing a niche operation within the tanker business by offering commercial management of vintage VLCCs.
The company already has five older tankers in its VLCC pool contributed from three different owners.
Market sources said two of the ships, the 281,000-dwt New Prosperity and 301,000-dwt New Andros (both built 1999), come from Adam Polemis-led New Shipping.
Greek shipowners seldom give commercial management of their tankers to external operators, but Mjolner has apparently been successful in winning over Polemis.
