fiveyearold
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Port News
VLCC asset prices defy gravity as five-year-old tonnage trades above newbuild contracts
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price…
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Port News
Five-year-old VLCC fetches $112m
The secondhand tanker market has delivered yet another exceptionally active week, with VLCCs once again drawing strong interest from buyers.…
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Port News
Western Bulk Chartering sells five-year-old ultramax
Norwegian dry bulk operator Western Bulk Chartering has sold one of its ultramax vessels to an undisclosed buyer. The company…
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