Dry cargo operator Norvic Shipping has bought its first vessel — but it is not a bulk carrier.

The long-time bulker firm confirmed that it has purchased the 105,300-dwt LR2 product tanker Pro Alliance (built 2008) from SK Energy of South Korea.

Brokers reported the tanker sold in mid-April for $37m, ahead of its scheduled dry-docking in June and a special survey due in September.