- Values for five year old VLCCs (Very Large Crude Carriers) are currently at the highest levels since 2009.
- Overall, Tanker sales have risen this year by c.12% with 1,026 transactions reported so far in 2022.
- Uptick in values comes as the Tanker spot market continues to gain ground.
For example, 320,000 DWT, 5YO are currently valued at USD 95.74 mil, up 33.12% from the start of the year from USD 71.92 mil in January.
Soaring HighUptick in values comes as the Tanker spot...