Have not posted on a shipping broker in a few weeks. Using Carriers, as an older report to capture prior data
- 12 dry bulker transactions
- 12 tanker transactions, including 2 VLGC sales
- 2 Container vessel sales, including one really old vessel
- 5 VLCC newbuild orders
Given that BW LPG recently acquired 12 VLGCs from Avance Gas helps to add color to each of the VLGC transactions. The older vessel is around 19 yo - definite advantage to seller. The younger VLGC is 11-yo. There probably is a seller advantage too. But, not as great as the older vessel.
Dry bulk index jumped yesterday (09/26) to a multi-month high on the basis of the Cape category. Seems odd, given the Chinese Golden Week holiday is around the corner (or maybe, the thinking was fix ahead of the holiday to avoid playing catch up after folks returned from the holiday)