The tanker sale-and-purchase market posted healthy gains in October on the back of improving freight markets, a top shipbroker has confirmed.
Secondhand tanker sales were up 34% month on month to 43 units, according to Affinity (Shipping).
"Tanker sales were likely bolstered by the upward trend in the sector's earnings, particularly from the middle of October, which is set to firm up S&P activity in the near term," it said.
