Traditional Greek owner Constantinos Tsakiris has made his first expansion move since taking delivery two years ago of a quartet of gas carrier newbuildings.

Athens-based Paradise Gas Carriers (PGC), a 50:50 joint venture Tsakiris set up in 2013 with the Vasilopoulos family, has emerged as the buyer of the 75,000-dwt Hafnia America (built 2006).

Hafnia recently announced that it sold the ship in the third quarter of this year for $11.6m.