Algoma Central has acquired two secondhand product tankers from Valloeby Shipping to replace two older vessels trading on the Great Lakes.

The Canada-based owner of bulkers and tankers trading on the Great Lakes has bought 18,894-dwt sisterships Chantaco and Chiberta (both built 2007) from the Malta-based chemical tanker owner.

Algoma Central did not disclose the vessels’ purchase prices, but VesselsValue put Chantaco’s market value at $10.4m