Meteor Management, a Bulgarian shipmanagement company backed by commodities trader Eleen Marine, is expanding its supramax fleet and says for the first time it is considering investing in the tanker market.

Meteor general manager Andrei Filipov confirmed that his company’s clients have bought the 55,400-dwt Eria Colossus (built 2008), which has been renamed Eleen Sofia. Brokers reported that Japan’s K Line sold the vessel last month to unidentified buyers for a little above $12.5m.