Used oil tankers' prices exceed new vessels for the first time
The price of used oil supertankers has surpassed that of new vessels for the first time. This occurred amid high freight rates in the Persian Gulf.
In brief
- The price of used oil tankers has reached a record level.
- Shipowners are trying to take advantage of high freight rates.
- Prices for new oil tankers remain lower than for used ones.
- The sharp price increase is linked to the demand for oil transportation.
Covered by 2 of 7 media groups
- Independent2
- Publicno reports
- Commentatorsno reports
- Oligarch-ownedno reports
- State1
- Officialno reports
- Anonymousno reports
Not covered by: public, commentators, oligarch-owned, official, anonymous.
| Group | Share | Count |
|---|---|---|
| Independent | 67% | 2 items |
| State | 33% | 1 item |
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