Newcomer Polaris Autoliners has taken its first step into ship ownership, buying two car carriers from Gram Car Carriers.

Polaris has emerged as the buyer of the 2,000-ceu Viking Constanza (built 2010) and 1,000-ceu Viking Princess (built 1996), which Gram sold last year for a reported $43.5m in total.

The two ships are joining the Polaris fleet this month.