French shipbroker Barry Rogliano Salles (BRS) has identified a slight cooling in runaway tanker newbuilding prices.
But any relief for shipowners is likely to be temporary due to continued demand keeping the cost of steel high.
Japan’s Mitsui OSK Lines (MOL) ended the 13-month VLCC ordering drought last month with a deal for two LNG dual-fuelled 309,000-dwt crude carriers at Dalian Cosco KHI Ship Engineering (Dacks) to be delivered in 2025 and 2026.
