Some 170 crude tankers of a combined 35.7m dwt were reportedly sold, more than double the volume of crude tonnage sold in 2013 which is the next highest volume.
“As 2014 developed, there was a notable improvement in sentiment across the crude tanker market,” the shipbroker says.
“However, significant S&P activity in the crude sector did not spill over to the products sector, where sales fell 9% year-on-year to 150 units, dropping below crude tanker sales for the first time on record.”
Overall
