Clients of Denmark’s Dee4 Capital Partners have bought a five-year-old MR tanker as the firm continues a busy drive in the market for tanker tonnage.

Dee4 chief executive Carsten Mortensen confirmed the deal for the 49,000-dwt Nord Valiant (built 2016), adding that the tanker will be owned by Dee4 Capital Fund K/S, a limited partnership.

The ship changed hands for $26.5m,