Greece’s Vafias family interests have acquired their third capesize, more than doubling their presence in that shipping sector in the span of just a few weeks.

At the same time, the Greek shipping group has begun capitalising on the spectacular price appreciation seen in the tanker sector with lucrative asset plays for two of its oldest oil carriers.

According to ship management sources in Athens, Nikolas Vafias-led Brave Maritime has acquired the 181,700-dwt Aquataine (built 2010) from Monaco-based Goodbulk for about $25m.