Tank ship orders headed toward five-year record

The purchasing interest on the tank market for the segment from 27,500 dwt and above is so massive that 2013 looks set to become the most active year for newbuildings since 2008. The first half of the year already surpassed 2012 as a whole, according to McQuilling.
BY TOMAS KRISTIANSEN

American analysts McQuilling compares shipowners' interest in ordering tankers to women shopping on Fifth Avenue in New York: It takes a great deal to put a damper on the desire to shop, and one could in fact say that even though a financial crisis is raging, the shopping continues at full force.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading