Niche market could be a nice little earner for those brave enough to contract new vessels
Shipping is heading for a tonnage crunch in the MR1 tanker sector unless more vessels are ordered, according to shipbroker BRS Group.
The company noted a steady uptick in tanker contracting at shipyards.
“However one sector which has seen contracting lag the wider market is MR1s,” the broker said.
TradeWinds is part of DN Media Group. To read more about DN Media Group, click here
TradeWinds is part of DN Media Group AS. From November 1st DN Media Group is responsible for controlling your data on TradeWinds.
We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy.
DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. Read more about DN Media Group here.
TradeWinds is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies.