In line with recent statements by its leadership, Beks Ship Management & Trading has continued its buying spree amid improving tanker markets with the purchase of a 19-year-old MR.

In an interview with TradeWinds last month, company owner Ali Bekmezci said he intended to buy three to four more ships this year, mostly tankers.

He seems to have lived up to his word quickly, agreeing — according to ship management sources in Istanbul — to purchase the 40,000-dwt Seaexplorer (built 2003) from Greece’s Thenamaris for about $9m.