UK shipping fund Tufton Oceanic Assets has wasted no time in chartering out two MR tankers it acquired from Evangelos Marinakis-backed Capital Ship Management.

Brokers reported trading giant Trafigura fixing the 50,100-dwt Alkaios and Archon (both built 2016) at $20,000 per day for three years.

The Archon will operate in the west, while its sistership will trade in Asia.