A steady stream of tanker deals continue to be concluded and negotiated in the secondhand market amid recovering earnings for such ships.

“One could describe the prevailing motto as, buy them at any size — and in some cases even at any price,” commented Eva Tzima, head analyst at Seaborne Shipbrokers in Athens.

In the latest deal reported by ship-management sources, Greece’s Brave Maritime is said to be spending $33m on the 146,500-dwt suezmax Ridgebury Lindy B (built 2007).

VesselsValue, Signal Ocean and MSI Horizon currently estimate the value of the Japanese-built ship at lower levels.