Rumours suggesting Navios Europe has found time charter employment for one of its tankers have been shot down.
Shipbrokers are reporting that the 38,000-dwt Hector N (built 2008) has been fixed to Glencore subsidiary ST Shipping on a one-year contract.
Source with knowledge of the company says the reports are incorrect.
Navios Europe is one of the myriad companies that form the Navios empire headed by Angeliki Frangou.