11 Aug 2017: We are in the middle of the dog days of summer. As there is very little going on in the tanker markets, we thought it may make sense to reflect on the state of the newbuilding and S&P market and see if there are any good deals to be had. Obviously, it is difficult to say in advance whether a deal is a good deal or not. If an owner decides today to order a new tanker or buy a secondhand vessel, only time will tell if this was a smart transaction or not. However, there are some market indicators that can give us an idea about the relative attractiveness of the various segments and whether a newbuilding or a secondhand vessel is the more attractive option.
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