Using VesselsValue data, Rebecca Galanopoulos Jones, Senior Content Analyst, explores the latest trends in the LNG, Tanker and Bulker markets. You can read the full piece here.
Russian LNG Exports to Europe Remain High
“Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. Last month, Belgium imported the largest amount of Russian LNG, accounting for 38% of imports to the EU, while Spain ranked second with a share of c.23.9%, followed closely by France with c.23.8%…” Read more.
Crude Values Boom
“Crude values have strengthened across most sectors and age ranges since the start of the month. In the Suezmax sector, 15YO vessels have seen the most dramatic increase, up by c.3.98% to USD 41.77 mil, the highest levels since 2008. For VLCCs, 10YO vessels have risen in value the most this year and are also at a 15 year high of USD 78.30 mil…” Read more.
