Penfield Marine is growing its aframax pool with the latest addition from Piraeus-based Phoenix Energy Navigation.
The 104,707-dwt Phoenix Alpha (built 2003) will become the seventh in Penfield's aframax pool. Phoenix will be Penfield's fourth partner in that segment.
"We are pleased to have Phoenix join our pool," Penfield chief executive Tim Brennan says. "We've been in discussions for a quite a while and we are happy with the result."
The company has been building its bench this year, but mostly on the smaller tankers.