After a string of sale-and-purchase deals involving larger tankers earlier this year, Greece’s Chemnav Shipmanagement turns its attention to smaller product carriers.

Brokers based in London and Athens are linking the Paul Coronis-led outfit to two purchases of MR1 tankers — both trading clean petroleum products and already fitted with ballast water treatment systems.

The first is the 37,600-dwt Cape Gavi (built 2008), which is said to be changing hands for about $17m.