Dennis Uy's Chelsea Logistics Corp (CLC) has revealed more vessel acquisitions are on the cards as it confirmed a deal to bring in the country's biggest tanker.

It has bought the 52,000-dwt Chelsea Providence (ex Aritotelis, built 2013) from Evangelos Marinakis-backed Capital Product Partners (CPP).

The MR was linked to Chelsea earlier this year by brokers at a price of $29.4m.