A new tanker venture set up in Athens by members of the Procopiou family has sealed its first acquisition, buying an LR1 from Danish giant Hafnia.

The 76,600-dwt Hafnia Thames (built 2008) has emerged in the fleet of Akrotiri Tankers under its new name, Bam Bam.

Akrotiri applied for registration with authorities in late June and obtained it in July, according to Greek shipping ministry documents.