A new joint venture between Greek interests and a US investment group is understood to be behind the recently reported purchase of the 73,700-dwt Starling (built 2008).
Tanker Solutions is said to be the latest tie-up between Greece’s Prime Marine Management and TPG Credit.
The new company is said to have acquired the long range one (LR1) tanker for $24m.
This is believed to be the first venture that Minneapolis headquartered TPG Credit has made in shipping.
