The tie-up between Greece’s Prime Tanker Management and TPG Credit Management has bought the 73,700-dwt Pike (built 2008, ex-Starling) according to US finance house CIT.
TradeWinds first revealed news of Tanker Solution’s first vessel acquisition for a reported $24m back in May.
CIT Maritime Finance also confirmed that it had supported the vessel purchase via a senior secured credit facility.
The transaction has a five-year term; additional terms were not disclosed.
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