Naftomar, an Athens-based LPG specialist with roots in Lebanon, has acquired its first product tankers in three decades.

Attracted by rising freight rates in the sector, the company has decided to dip its toe in tanker waters with the purchase of an MR1 pair.

Ship-management sources are identifying the ships as the 37,800-dwt Single and Silent (both built 2007).

Both vessels used to be with Turkey’s Genel Denizcilik but are believed to have subsequently passed under the control of lenders.