Okeanis Eco Tankers has purchased three VLCCs from their Chinese lease financier, with the aid of cheaper loans provided by a Greek bank.
The move can also be seen as part of efforts to reduce the company’s exposure to China and lower risk from US measures taken against Beijing as part of the trade war between the two countries.
US-listed Okeanis, which is backed by Greece’s Alafouzos family, said it exercised options to buy back the 300,000-dwt Nissos Kea, Nissos Nikouria (both built 2022) and 319,000-dwt Nissos Anafi (built 2020).
