Tanker

Maersk Tankers CEO: Bulk players buying into tanker – tempted by high rates on Russian oil

The boom in tanker has made ship prices and rates go up. Dry bulk investors flush with money are buying tanker ships in order to ”diversify”. Some buyers are tempted by high rates on sailing with Russian oil, says Maersk Tankers CEO.
Photo: Maersk Tankers
Photo: Maersk Tankers
by DAG HOLMSTAD

The enormous progress in the dry bulk market, which has filled up treasure troves at dry bulk carriers and investors, is leading more dry bulk operators to buy tanker vessels in order to partake in the upswing seen in the tanker market as well.

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