Rates may have fallen back after a strong 12 months for chemical tankers, but Chinese buyers are continuing to acquire secondhand ships at elevated prices.
Clarksons Securities called 2022 a “great year” for the sector, with its own spot index increasing 40% from January to December.
However, the beginning of 2023 has been more subdued, with the index down 5% so far in January, the investment bank noted.
