Weekly Broker: Bullish sentiment buoys tanker prices

Tanker S&P deals continue to accrue at a very solid pace and prices are heading north. Allied Shipbroking’s indicative tanker values show that the average price for a five-year-old VLCC increased by 2.9% in the past month while similarly aged aframaxes have appreciated by 2.8%. “This year’s tanker S&P activity keeps edging higher compared to … Continue reading Weekly Broker: Bullish sentiment buoys tanker prices