A hot sale-and-purchase market pushed tanker value indicators to new 13-year highs as the volume of deals has made 2022 the busiest year yet in the sector.
The Baltic Exchange’s Tanker Sale and Purchase Index rose to just over 60,900 on Friday, which marked a 2.3% gain over the prior week.
It was the highest reading since 2 February 2009, when tankers were still climbing down from the 2008 peak before a financial crisis popped the shipping bubble.
