Broker says prices for 10-year-old ships still rising quickly despite overall drop in transactions
Shipbroker BRS has tallied a fall in the number of large tankers being sold secondhand for the first time in seven years.
Compared to 2022, the total volume of VLCCs and suezmaxes changing hands dropped nearly 12% last year, with 41 fewer transactions, the company said.
“Nevertheless, the values and the activity remained quite strong,” BRS added.
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