Currently, tanker asset prices are red-hot, with second-hand values and new building 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 new-build prices, sources Drewry.
Market DynamicsThe rally in new building prices started in 2021, with a flurry of orders in the container sector, tightening the slot...
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