Sun, 12 Sep 2021 21:00:59 +0000

Investment in tanker newbuildings is surprisingly, quite robust so far in 2021, considering the sorry state of most tanker trades. In its latest weekly report, shipbroker Gibson said that “this year has seen an impressive surge in commodity prices. Steel prices reached multiyear highs in May and, although they have since eased back, values remain …

The post Tanker Orderbook Remains Restricted Despite Pace of Newbuilding Orders and Few Demolitions first appeared on Hellenic Shipping News Worldwide.

 

Full article: https://www.hellenicshippingnews.com/tanker-orderbook-remains-restricted-despite-pace-of-newbuilding-orders-and-few-demolitions/