According to Clarkson, the prices or MR product tanker have increased by 10% with the growth in recent weeks. The assessment for a resold MR tanker is about $35.0m at present, 9.4% higher than the $32.0m two weeks ago.
DNB Market says that he newbuilding price for MR product oil tanker has been remained at $34.0m since this July, which confirmed its viewpoint that “newbuilding price has bottomed out and the assessment will rise once freight rates increase”. Statistics from TradeWinds shows that the freight rates for MR tanker reach a four-year new high in this November affected by the hurricane. President of Scorpio Tankers, Robert Bugbee thinks the market infection point is coming and ordered a series of energy-efficient MR tanker.
D’Amico International Shipping is also looking for such ships to refurbish its fleet and its newbuilding order is said in final negotiation.