Greece-based IMS SA has been doubling down on secondhand tankers, acquiring them at a quick pace, as domestic shipowners sell their assets amid soaring prices

Over the past 16 months, clients of the low-profile company, led by Marios Gialozoglou, have emerged as owners of about a dozen product tankers that brokers had previously reported sold to unidentified interests.

According to shipping data platforms, IMS’ expansion drive has even included a bulker in the shape of the 35,000-dwt Ben Wyvis (renamed Ben, built 2015) — a bank-controlled handysize reported sold around the end of last year for between $17.1m