Three more Xihe Holdings tankers — a VLCC and two aframaxes — have been reported as sold this week.
Brokers have suggested that Aeolos Management of Greece and Union Maritime, the UK’s largest independent tanker company, are behind the deals.
Market talk in Singapore on Tuesday indicated that Aeolos Management — led by London Greek owner Philip Embiricos — was poised to take immediate delivery of the 318,000-dwt crude carrier Hua San (built 2008) after buying it for $29.5m.