Secondhand vessel values rise above newbuilding prices
Limited availability of prompt tonnage is pushing buyers to pay a premium for ships that can trade today, while newbuildings ordered now will not deliver until 2029. Delivery timing is driving a widening premium for modern tonnageSecondhand crude tanker values have risen above newbuilding prices, reflecting the scarcity of vessels available to trade immediately. A […]
Hormuz closure holds as US-Iran tensions persist
Iran has set conditions for reopening that Washington has rejected, keeping Gulf crude exports constrained and tanker earnings elevated. Reopening remains dependent on conditions Washington has rejectedIran’s lead negotiator has stated that the Strait of Hormuz will remain closed until the United States lifts its naval blockade, removes oil sanctions and ends military operations. President […]
Crude earnings remain elevated as the Strait of Hormuz stays closed
Disrupted Middle East loadings are shifting crude demand towards the Atlantic, while constraints in the Panama Canal and limited PCTC supply continue to support rates. Tankers: Suezmax earnings rise to above $200,000 per day as crude demand shifts to the AtlanticSuezmax earnings rose 13% to above $200,000 per day, the highest level this year, driven […]
Råolietankmarkedet forbliver stærkt, mens Hormuzstrædet fortsat er lukket
Forstyrrelser i råolieeksporten fra Mellemøsten flytter efterspørgslen efter tankskibskapacitet mod Atlanterhavet, mens begrænset kapacitet gennem Panamakanalen og et fortsat stramt udbud af PCTC-tonnage understøtter fragtraterne. Tankskibe: Suezmax-rater stiger til over USD 200.000 pr. dag i takt med, at efterspørgslen flytter mod Atlanterhavet Suezmax-raterne steg 13 % til over USD 200.000 pr. dag, hvilket er årets […]
