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November 5, 2020
Another project completed! The low markets in 2017 and 2018 led to many shipowners seeing themselves benefiting from selling ships for recycling. In 2018, we registered the highest levels of Aframax ships that were sold for dismantling in several years. This made us consider the ideal timing for investing in the Aframax segment. In January...
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Tankers: The Aframax and Suezmax segment improved last week, while the VLCCs stayed put. Finally, it appears that volumes from Libya have begun to affect rates. The rates in the North Sea have also begun to strengthen. The market is expected to tighten further as we move towards November and the winter market. Aframax –...
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