Ship values and shipping shares forged ahead in 2013

Ship values in product tank and dry bulk increased significantly in the second half of 2013. The same thing goes for the price of shares in shipping companies, says Platou Markets.

BY OLE ANDERSEN

The newbuilding rebound in - especially - dry bulk and product tank in the second half of 2013 made the prices in the second-hand market increase significantly. Dry bulk, in particular, has seen ship values grow by as much as 20-30 percent, according to analysts RS Platou Markets.

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