MR product tankers remain hotly sought after in the secondhand market, with a string of Japanese vessels put up for sale ahead of their special surveys.
Industry experts and databases point out that six MR tankers have been sold in the past two weeks, including four between nine and 10 years old.
Secondhand MR tanker deals since 24 July
Name | Dwt | Built | Shipyard | Buyer | Seller | Price |
Pioneer Express | 47,400 | 2009 | Onomichi Dockyard | Great Eastern Shipping | Nagashiki Shipping | $16m |
Team Tarantella | 46,800 | 2002 | Brodotrogir | Unknown | Team Tankers | more than $8m |
New Breeze | 48,100 | 2010 | Iwagi Zosen | Norden | Shoei Kisen | $16.8m |
Eagle Express | 45,900 | 2010 | Shin Kurushima Ujina Dockyard | Union Maritime | Chiba Shipping | $16.5m |
FPMC 23 | 49,500 | 2010 | STX Offshore & Shipbuilding | Avin International | Formosa Plastics | low $15ms |
Torm San Jacinto | 47,000 | 2002 | Onomichi Dockyard | Unknown | Torm | $8m |
Sources: VesselsValue, company and broking sources
Only one of those four, the 50,000-dwt FPMC 23 (built 2010), was constructed by a non-Japanese yard.