Advantage Tankers of Geneva has snapped up a fleet of five products tankers, according to chatter among shipbrokers today.
It is said to have paid a price in the region of $60m for a Hyundai Mipo built quintet from Clearwater Marine Investments.
The ships involved are the 37,500-dwt Baltic Marshall, Baltic Merchant, Baltic Ambition, Baltic Faith and Baltic Force (all built 2006).
