Tanker Investments Ltd (TIL) has finally got its hands on the first two suezmaxes in a fleet of six purchased from George Economou late last year, opening the door for a first dividend from the company later this year.

Oslo-listed TIL has faced a frustrating wait for the ships in a strong market and was finally today able to confirm the arrival of the first ships which will carry the names Baker Spirit and Cascade Spirit.

William