Advanced Shipping & Trading and Seasure Shipbroking both report that Spring has paid $14.5m for the Iwagi Zosen-built tanker.
The price is under the $15.2m valuation by VesselsValue, however it is noted that the ship is due for a special survey this month.
Spring currently has a fleet of eight tankers, and if confirmed this latest deal will grow the company’s fleet to 10.
Another Japanese-built MR2, 2010-built Ocean Laurel, is also set to be delivered according to VesselsValue.
Singapore-headquartered Blue Wake Shipping currently lists a fleet of five tankers and two bulkers on its website.