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Product tanker valuations nosedive

While product tanker earnings soared in the first half of 2020, sale and purchase activity in the sector has slowed to the lowest level since 2016. Data from VesselsValue highlight that in the first five months of 2020 only 2.8m dwt of oil product tankers have changed hands in the secondhand market, a 45% drop …

WP_Post Object ( [ID] => 226569 [post_author] => 76 [post_date] => 2020-07-01 05:34:20 [post_date_gmt] => 2020-07-01 05:34:20 [post_content] =>

While product tanker earnings soared in the first half of 2020, sale and purchase activity in the sector has slowed to the lowest level since 2016. Data from VesselsValue highlight that in the first five months of 2020 only 2.8m dwt of oil product tankers have changed hands in the secondhand market, a 45% drop …

[post_title] => Product tanker valuations nosedive [post_excerpt] => While product tanker earnings soared in the first half of 2020, sale and purchase activity in the sector has slowed to the lowest level since 2016. Data from VesselsValue highlight that in the first five months of 2020 only 2.8m dwt of oil product tank... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => product-tanker-valuations-nosedive [to_ping] => [pinged] => [post_modified] => 2020-07-01 07:34:20 [post_modified_gmt] => 2020-07-01 07:34:20 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=123232 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )