Wilhelmsen Ship Management has acquired an 80% stake in Ahrenkiel Tankers for an undisclosed sum, the company announced Wednesday.

The transaction will result in the ship manager taking over the management of five tankers.

According to its website, Ahrenkiel Tankers’ current fleet list consists of the 46,763-dwt Atlantica Bay and Atlantica Breeze (both built 2007), the 49,990-dwt Atlantica Bridge (built 2005), the 38,341-dwt Voge Trust (built 2009) and the 68,524-dwt Danubia (built 2004).