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The Cost of Used Supertankers Has Surpassed the Price of New Ones for the First Time
Summary by News-pravda.com
4 Articles
4 Articles
The prices of used oil tankers jumped to higher levels than the new ones for the first time, with freight from the Middle East to Asia reaching $1.2 million a day and buyers raced on ready-made ships.
The cost of used supertankers has surpassed the price of new ones for the first time
According to the Financial Times, this shift is driven by record-high freight rates in the Middle East, with the daily charter rate for oil tankers capable of carrying at least 2 million barrels reaching $1.2 million. Fueled by this surge in demand...
War Creates Bizarre Market: Used Oil Tankers Are Now More Expensive than Brand New Ones | Ingeniøren
Used tankers are so sought after by the world's shipping companies that they now cost more than a brand new ship.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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