John Angelicoussis has made his first VLCC investment since interest in the sector took off at the end of last year.

Angelicoussis-led Maran Tankers has bought a single VLCC from DK Maritime in a deal that some anticipate will be followed by a newbuilding order at sister company DSME, which has built 17 out of Maran’s 22 VLCCs.

Maran has paid $89m for the 320,000-dwt Blue Jade (built 2012), TradeWinds understands.

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