Sales inboth sectors “almost doubled” in the year just passed, the Norwegian broker says.

More than 45 resale deals occurred across thecapesize and panamax sectors last year, Platou explains in a report today.

The tradescame during a year which saw resale values dip by between 15% and 20%, with alarge number of deals with “second tier” Chinese yards completed at “heavilydiscounted prices”, the shipbroker says.