Hadjiyiannis firm linked to purchase of MOL VLCC

Greek-Cypriot owner Andreas Hadjiyiannis is believed to have snapped up a Japanese VLCC at a bargain price.

Athens-based brokers report his Hellenic Tankers outfit is the buyer of MOL’s 306,400-dwt Oriental Jade (built 2004). Market rumours last week attributed the deal to Asian interests at a price of $29m.

According to information circulating since then, however, the Oriental Jade was acquired by Greek buyers.