Using VesselsValue data, Rebecca Galanopoulos Jones, Senior Content Analyst, explores the trends in the Tanker and Bulker markets. You can read the full piece here.
Small Bulkers lead S&P transactions in 2023
“Smaller Bulkers have led bulker sale and purchase transactions so far this year, with a share of over half of all secondhand deals. Handy Bulkers made up the majority, accounting for c.31% of sales, and Supramaxes followed at …” Read more.
Tanker newbuilds
“Tanker newbuilding orders have risen by 250% YoY from 24 in the first four months of 2022 to 85 so far in 2023. Aframaxes/LR2s account for the majority of orders at c. 39%, followed by Suezmaxes at c.30%, Handy Tankers at c.28% and Panamaxes trailing behind at a mere …” Read more.
