Only six tankers left the market in the first months of the year

The start of 2021 saw a lull in the scrapping of tankers despite record low earnings for ships and the highest scrap prices in almost two years. Only six tankers have left the market since New Year, writes Simpson Spence Young.
Photo: PR / DHT Holdings
Photo: PR / DHT Holdings

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.

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