Advantage Tankers is driving forward its strategy of replacing middle-aged aframaxes with younger tonnage.
Managers at the Nazli Williams-controlled company confirmed to TradeWinds that they engaged in four separate ship transactions in the secondhand market, which considerably lower the average age of the fleet.
Advantage unveiled it was the buying party in a deal for a modern LR2 pair announced by Scorpio Tankers late last month.
