Ice-class Tanker Tonnage Rates Show No Sign of Easing

Credits: Thenamaris

Vintage ice-class tanker tonnage is still favoured by a battalion of cash-hungry, opportunistic unidentified owners willing to pay staggering prices, reports Splash247.

Fleet sale continues

Over the weekend, brokers noted that Thenamaris’ fleet sale continues. Multiple brokers report that the Greek player is selling the Hyundai-built, ice class 1A, 117,000 dwt, 2006-built Seamagic, with a price tag of $47m attached to the deal by some, while others note the ship selling for $45m.

In a comparable deal to show how much the price has gone up for ice-class tonnage, in late November Thenamaris sold another ship with an ice 1C notation, two letters down from the A class. The two-year older, 115,000 dwt Seatrust went for $11m less than the Seamagic. Thenamaris has cashed in on the changed tanker dynamics, noted selling 15 vintage tankers for record high prices since last summer.

Ice-class notation is selling in all segments. A string of medium-range tankers has been sold recently at higher levels than last.

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Source: Splash247