Have not reviewed a broker report in a few weeks, so a “twofer” this week
From Carriers (Vessel transaction data)
- 16 bulker transactions - vessels generally on the modern side
- 11 tanker transactions, including a two vessel enbloc trade
- Familiar names: Navios sells two bulkers, INSW sells two MR2s (confirming a prediction in another thread), FRO selling a Suezmax (as noted in FRO’s 2023 AR), & SFL acquiring a pair of vessels with attached charters
- Low activity in newbuild market this week
https://www.hellenicshippingnews.com/wp-content/uploads/2024/04/WK-18-24-CARRIERS_SP-MARKET-REPORT.pdf
From Gibson
Decent commentary of what is going on in the tanker market. Was also interested in the tanker rates on major routes - all the rates highlighted are varying degrees of “above average”