Mon, 08 Apr 2024 21:00:58 +0000

Currently, tanker asset prices are red-hot, with second-hand values and newbuilding prices at their highest levels in the last 15 years amid strong market fundamentals. While high freight rates and tight tonnage availability have underpinned second-hand values, the tight availability of shipyard facilities has inflated newbuild prices. Although the outlook for crude tankers remains bright …

 

Full article: https://www.hellenicshippingnews.com/tanker-prices-hit-record-highs-but-sustainability-in-question/