Advanced Shipping & Trading seem to be back on a weekly schedule.
- Fair amount of activity this week in the bulker sector with 18 transactions.
- Pricing reasonable, but with positives for some of the Ultramax and Supramax transactions
- Three VLCC sales reported. Front Signe is one of two VLCCs in Frontline’s fleet with no scrubber. Athenian Freedom is a better return for a slightly newer vessel
- Good deal for the MR vessel - ice-class probably helped.
- Some newbuild ordering - nice deal for VLCC buyer. In particular, the dual fuel option
ADVANCED-MARKET-REPORT-WEEK-36.pdf (hellenicshippingnews.com)
Capesize market was more upbeat this week.