Norway's Hansa Tankers has taken another step to expand its fleet of stainless steel chemical tankers.

A group of investors put together by Tailwind Management has purchased the 33,800-dwt Chemroad Lily (built 2006), which will join the Bergen-based Hansa Tankers pool.

Brokers claimed the Japanese-controlled vessel was purchased for $14m, but TradeWinds understands the price is somewhat higher, indicating that the values of such ships are rising.