Aims Shipping, a small Greek outfit set up a decade ago to take advantage of distressed opportunities in bulkers and boxships, has turned to tankers.

The Athens-based company emerged late last month as the new owner of the 48,000-dwt FS Sincerity (built 2009). Brokers reported the MR tanker sold during the summer by Japan’s Nisshin for about $14m to unidentified buyers.