Rates are at a record low and scrap rices have not been higher for years, yet only a few tankers have left the market so far in January and February.
More specifically, only six tankers constituting a total of 854,000 dwt were either sold or converted to other ship types in January and February, writes SSY Research in an update. In January, a total of 49 ships were delivered at the same time, which means that the fleet grew by almost one percent in the first month of the year.
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