Rumours linking Petros Pappas-led Product Shipping & Trading with a move for a medium range products tanker have been dismissed.
Brokers had connected the Greek owner with the 45,900-dwt Orient Sunshine (built 2008).
It was suggested Product Shipping & Trading was to pay around $15.2m for the vessel.
Market sources tell TradeWinds the speculation is incorrect and the company has not bought the ship.
