Entries Published On July, 2023
Market Chat: Tanker Buyers Opt for Youth as Older Vessel Values Decline
Author: Rebecca Galanopoulos Jones The landscape for Tankers is now changing as older vessels, which have been the focal point for sale and purchase over the last year, have now become less attractive. Instead, buyers are seeking younger tonnage both from an investment point of view and in order to mitigate risk. Age of unknown …