Business · Energy & Commodities · 1 hr ago

Ten-year-old oil tankers sell for 17% more than new vessels

Ten-year-old oil tankers are selling for 17% more than newly built tankers.

The comparison concerns oil tankers used around the world.

Normally, a new vessel costs more than a used one because older vessels lose value over time.

This market is showing the opposite pattern.

The information available does not explain what is driving the price gap or how long it may last.

It also gives no details about the number of tankers involved or specific sales.

The report offers investment commentary, but no next steps for the tanker market are described.

Sources

Maeil Business · 1 hr ago