George Moundreas confirmed that the company will take delivery of the Daewoo Shipbuilding and Marine Engineering (DSME)-built tanker quite soon. He did not confirm the reported price of $33.6m for the ship, but suggested that the tag was in this region.

The company bought its first VLCC in March 2013. The 309,000-dwt Alter Ego (ex-Antonis, built 2001) cost the company $26m at the time.

Last