Velos Tankers, a new company believed to be controlled by Paschalis Diamantides, has bought its third MR since it was launched a few weeks ago.

Velos made its debut this month by purchasing two MR tankers, the 50,000-dwt Atlantic Leo and Atlantic Aquarius (both built 2008), from Diamond S Shipping for about $16m each.

The vessels have been renamed Velos Leo and Velos Aquarius.