Using VesselsValue data, Rebecca Galanopoulos Jones, Senior Content Analyst, analyses the current trends in the Bulker and Tanker markets. You can read the full piece here.
Supramax values continue to fall
“Bulkers have seen a fall in values across the board this year, but the smaller sizes have seen the most dramatic decrease in asset prices. Values for five year old Supramaxes have fallen by c. 12% from USD 30.3 mil in January to USD 26.74 mil today. So far this year, 198 sales took place, a decrease of c.17% from the same period last year…” Read more.
Crude Tanker sales with undisclosed buyers
“In November to date, there have been 9 sales reported, comprising of six Suezmax Tankers, and three Aframax transactions. Although values for Tankers have increased across all categories, older vessels have seen the most impressive gains, with values for 20 year old Aframaxes having increased by c.94% since January from USD 11.4 mil to USD 22.95 mil…”Read more.
