The recent impressive showing in the Pakistan market
continued for another week with some eye opening (or should that be eye
watering?!) local purchases of larger aframax and suezmax tankers gas free for
man entry only.
The aframax tanker OVERSEAS ELAINE (16,810 LDT) was
sold for an incredible USD 510 per LT LDT ‘as is’ Singapore with approximately
350 T bunkers ROB for the voyage.
With many of the hot buyers swiftly booking their
plots with incoming units, demand and prices is expected to cool in the coming
weeks and months, as a second tier of less aggressive buyers emerge onto the
bidding scene.
With Bangladesh improving and India at least
competing for now, that may see Gadani buyers miss out on their share of the
market tonnage in the coming quarter.
Source: steel guru. 9 September 2014
No comments:
Post a Comment