Tanker secondhand values posted the strongest year-on-year gains in week 17, while dry bulk asset prices continued to appreciate across all size classes and demolition rates held steady at all destinations.
continue readingTwo Newcastlemax bulk carriers sold en bloc at excess $90 million each in Week 16, while tanker secondhand activity was led by a VLCC sale at approximately $59 million and four LR1 transactions, and Indian Subcontinent demolition prices firmed further with Bangladesh approaching $500 per ldt ahea...
continue readingA scrubber-fitted Suezmax and a series of MR transactions headlined tanker secondhand activity in Week 15, while dry bulk values held flat across all size classes and demolition prices firmed in Bangladesh ahead of the pre-monsoon season.
continue readingSuezmax and LR1 sales headlined tanker secondhand activity in Week 14, while Capesize and Handysize dry bulk values edged higher week on week and demolition prices across the Indian Subcontinent firmed as Bangladeshi yards returned from the Eid holiday period.
continue readingSinokor’s bloc purchase of four Suezmaxes at $82 million each and a scrubber-fitted VLCC at $78.4 million headlined a busy week for tanker secondhand activity, while dry bulk transacted steadily across multiple size classes and Indian Subcontinent demolition prices held firm.
continue readingThe secondhand vessel market recorded steady transaction flow across both dry bulk and tanker segments in Week 12, with price momentum holding firm in the larger bulker classes and continued demand for modern tanker tonnage from Asian shipowners.
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