Velos Tankers — led by Greek owner Paschalis Diamantides — has resumed its expansion with the purchase of a 15-year-old MR tanker from Hafnia.

Velos managers confirmed purchasing the 40,000-dwt Hafnia Green (built 2007), which is trading as Velos Topaz in the spot market.

The Greek company declined to comment on the price. Brokers reported the Saiki-built ship as sold last month to unidentified interests for about $11.9m.