Product-tanker specialist Benetech Shipping has joined a small band of Greek outfits that have acquired LR1 tankers this year.
The Michael family-controlled shipowner has emerged as the buyer of the 75,000-dwt Gulf Stream (built 2004) from Dubai-based Gulf Energy Maritime (GEM), and has listed the vessel on its website under the name Faros.
Brokers said the Hyundai Mipo Dockyard-built ship changed hands in late September for $10.4m.