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Entries Published On April, 2023

Market Chat: New MR Sales set Higher Benchmark for Valuations

Values for MRs have continued to rise across all ages. Demand for older vessels has gone from strength to strength and so these sectors have seen the strongest increases, since the beginning of the month. Values for 15YO MRs of 50,000 DWT are up by 3.52% from USD 23.03 to USD 23.83 mil. Values of …

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