Greek tanker player Avin International has purchased yet another aframax tanker from Blue Lines Shipping, in a move that appears to leave the Dubai-based company without any vessels.
Market sources say Vardinoyiannis family-led Avin has agreed to buy the 85,000-dwt BLS Advance for $7.8m.
It is the third Sasebo-built sistership constructed in 2002 that Avin has bought from Blue Lines over the last two years.