Greece’s Coral Shipping has wrapped up an unusually active year on the sale-and-purchase front by buying a nine-year-old tanker.

Market sources in Athens identified the John Kilakos-led company as the new owner of the 46,000-dwt Nord Sakura (built 2012). Coral, which declined to comment, bought the Shin Kurushima Dockyard-built ship from Japanese interests for $16.35m.

This was the company’s first ship purchase since October last year, when it pounced on another MR tanker.