Tsakos Group is considering approaches from a number of fund managers eager to use the Greek owner's skills to direct investment in second-hand dry bulk tonnage to capitalise on any recovery of the battered market.

It would build on an established, but previously unknown, partnership with a fund with which the owner is seeking further investment in the container market.

Discussions between the private side of the Tsakos group and investors over a bulker venture remain in the very early stages and no transaction is near to completion, TradeWinds understands.

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