Clarksons Research has revised tanker asset prices down again as enquiries for modern vessels wane.
The UK company, a division of shipbroking giant Clarksons, said values have fallen despite tanker owners being largely flush with cash as a result of the strong market seen earlier this year.
A number of VLCCs have been changing hands in recent weeks, but many of these have been elderly ships and have not been enough to keep prices buoyant.
