Week 40: 7 October 2011
VLCC – Single hull tonnage:
With interest in single hull tonnage effectively over, there are now just 3 single hull units trading in the spot market at a rate of about one per month.
During September 2010 there were 5 single hull fixtures reported, illustrating that although small there then remained an observable market share for such tonnage.
Tankers: Projected Deliveries/Removals
Reported Tanker Demolition Sales:
“JAG PARI” 29,139/82 – 8,775 LDT
-Sold for $510/ldt, basis as is,
and including 300
MT IFO ROB (unit converted to DH 12/2008). Colombo
Source: Hellenic Shipping News (Sourced from www.crweber.com). 8 October 2011