New tanker vessels cost more despite low orderbook

The demand for newbuilds, particularly in the container segment, has pushed up the price for new vessels. The same goes for tanker vessels, although the pressured market has led to fewer orders, writes Gibson.

Photo: PR / Ultragas

Tanker carriers looking to expand their fleets can now expect considerably higher newbuild prices.

Since late 2020, the market has seen a price increase of 15 to 25 percent, depending on the segment, writes Gibson in an update.

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