Greece's Cosmoship Maritime has taken over its first tanker, adding a VLCC to its managed fleet.

The company and its partners have acquired the 309,300-dwt Pantariste (built 2002), according to the company’s website. The South Korean-built vessel appears as part of its fleet under the new name of Fos.

George Fournaris, managing director of Cosmoship Maritime, confirmed a transaction took place for the ship at a price level of $23.25m.