The perfect secondhand tanker in today's market

Expert Voice

English - February 07, 2023 12:43 - 14 minutes - 26.8 MB
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Join Lloyd's Register's Nikolaos Mikas and Riviera Maritime Media's Edwin Lampert in open discussion on these critical points as a panellist on a special Lloyd's Register / Riviera Maritime Media Expert Voices podcast.

Buoyant crude and product tanker markets, delivery dates of 2026 and 2027 for new tonnage and continued uncertainty on fuel choices at the newbuilding stage have propelled sales and purchase activity in the second hand tanker market and set asset values soaring.

This development brings key questions into sharp focus.

The looming tanker capacity crunchAvailable tonnage on the second hand marketFactoring in CII and EEXI requirementsMatching the right secondhand tanker and the right trade Understanding terminal restrictions and requirementsOptions for extending service life of older tonnage

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