Diamantis Diamantides company Delta Tankers continues to capitalise on the misfortunes plaguing Brightoil Holdings, this time placing a winning bid on a VLCC that went under the hammer in South Korea last Tuesday.

Sources within the Greek tanker community reported this week that Delta Tankers bought the 320,000-dwt VLCC Brightoil Gravity (built 2012) for $61.5m from the cash-strapped Hong Kong-based oil trader and shipowner.