Baltic Exchange analysis has revealed that a five-year-old Suezmax tanker is currently worth more than the cost of a newbuilding. As the VLCC contracting spree accelerates, could the Suezmax sector follow the same pattern?
Author: Capt. John
https://www.seatrade-maritime.com/tankers/five-year-old-suezmax-tankers-worth-more-newbuilding