The sale and purchase market is active across the bulker and tanker space, but on both fronts the pricing environment has not been as positive.
Tanker prices nudged downward. The Baltic Sale and Purchase Assessment for a five-year-old VLCC dipped to $66.2m on Friday, a $1.05m slip from a week earlier.
Bulker prices continued to show signs that the rebound since early summer has come to an end.