Tanker deals involving three major Norwegian shipowners in the past week have sent experts reaching for their red pens to revise asset price expectations.
An eye-wateringly low figure for two new VLCCs secured by John Fredriksen in China last week cast the die, with secondhand transactions involving Nordic American Tankers (NAT) and DHT Holdings cementing the trend.
As TradeWinds revealed last week, Fredriksen is understood to be paying less than $78m for two new VLCCs at Jinhai Heavy Industry, with yard sources quoting a lower figure of between $73m and $75m.
