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Home Icon > About Us > News > 2021 crude oil tanker demolition stalls as second-hand prices win

2021 crude oil tanker demolition stalls as second-hand prices win

The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about large scale scrapping of tankers, but so far, it has been all talk and very little walk, as the second-hand market has proved a much-preferred alternative. Although demolitions are up ...

The post 2021 crude oil tanker demolition stalls as second-hand prices win first appeared on Hellenic Shipping News Worldwide.

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The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about large scale scrapping of tankers, but so far, it has been all talk and very little walk, as the second-hand market has proved a much-preferred alternative. Although demolitions are up ...

The post 2021 crude oil tanker demolition stalls as second-hand prices win first appeared on Hellenic Shipping News Worldwide. [post_title] => 2021 crude oil tanker demolition stalls as second-hand prices win [post_excerpt] => The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about large scale scrapping of tankers, but so far, it has been all talk and very little walk, as the second-hand marke... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => 2021-crude-oil-tanker-demolition-stalls-as-second-hand-prices-win [to_ping] => [pinged] => [post_modified] => 2021-03-11 22:00:58 [post_modified_gmt] => 2021-03-11 22:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=858911 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )