New York-listed Tsakos revealed a VLCC deal with York Capital, first uncovered by TradeWinds, would be funded via cash and shares.

Its second quarter reported also disclosed a $122m twin suezmax purchase, first reported on these pages in the past week.

Benchmark confirmed

TEN priced the VLCCs from York at $193.9m, or $96.95m each, providing a further definite marker for VLCC resales after the $96m Euronav paid for each of the four tankers it took from Metrostar this summer.