Union Maritime of the UK has moved to expand its presence in the medium range (MR) products tanker market, brokers say.
Laurent Cadji-led Union Maritime has bought the 46,800-dwt Iver Example and Iver Express (both built 2007), it is claimed.
A price of $16.75m is being placed on each of the Hyundai Mipo built tankers from Vroon company Iver Ships.
