Page 76 - Annual Review 2020

6.2(c)
Second Hand Tanker Prices
Indian National Shipowners’ Association
End
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2016
2017 Jan
Feb 20.00
Mar 21.00 Apr 21.00 May 22.00 Jun 22.00 Jul 21.00 Aug 21.00 Sep 21.00 Oct 21.00 Nov 21.00 Dec 22.00
37k Products
47k Products
Aframax
Suezmax VLCC
($ million)
5-year old Index
5 Yrs
22.00 23.50 16.50 16.00 18.50 17.00 15.50 24.50 31.00 40.00 44.00 44.50 30.50 19.50 24.50 22.00 22.00 25.00 23.00 25.00 19.00 22.00 24.00
Jun 21.00 Jul 20.00 Aug 20.00 Sep 20.00 Oct 19.00 Nov 19.00 Dec 19.00
10 Yrs
14.50 15.50 11.50 11.50 14.00 11.50 10.50 16.00 20.00 21.00 31.00 36.00 23.00 14.00 15.50 12.00 13.00 15.00 15.00 17.00 14.00 13.00 14.00 15.00 15.00 15.00 15.00 14.00 14.00 14.00 14.00 14.00 15.00 15.00 15.00 14.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 14.00 14.00 15.50 15.50 13.50 13.50 14.50 14.50 14.50 14.50
5 Yrs 5 Yrs 10 Yrs
24.50 34.50
27.00 36.00
21.00 23.50
20.00 26.00
24.50 40.00
20.50 30.00 24.50 19.52 29.00 24.00 26.00 36.00 27.00 39.00 57.50 44.00 47.00 63.00 54.00 47.50 66.50 53.00 52.00 70.00 60.00 37.00 54.00 43.00 23.00 41.50 24.00 26.00 40.00 28.00 26.00 35.00 20.00 25.00 27.50 17.00 29.00 32.00 22.00 25.00 42.00 27.00 29.00 46.00 31.00 22.00 29.00 18.00 25.00 32.00 22.00 27.50 33.00 21.00 24.00 37.00 24.00 23.00 35.00 22.00 23.00 33.00 21.00 23.00 32.50 21.00 22.00 31.50 20.00 22.00 29.00 18.00 22.00 29.00 18.00 22.50 30.00 19.00 22.50 30.00 19.00 23.00 29.00 19.00 24.00 30.00 19.00 25.00 31.00 20.00 25.00 31.00 20.00 24.00 31.00 20.00 23.50 30.00 20.00 24.00 30.00 20.00 24.00 30.00 20.00 24.00 30.00 18.00 25.00 32.00 22.00 25.00 32.00 22.00 25.00 30.00 20.00 26.50 31.00 20.00 26.75 32.00 20.00 26.75 32.00 20.00 26.75 32.00 20.00 26.75 32.00 20.00 26.00 32.00 20.00 27.00 32.00 20.00 27.00 31.00 19.50 27.50 32.00 21.00 27.50 33.00 21.00 28.00 35.00 23.00 28.00 35.00 23.00 28.00 35.00 23.00 28.00 35.00 23.00 29.00 37.00 24.00 30.00 38.00 25.00 30.00 38.00 25.00 30.00 38.00 24.00
5 Yrs
42.50 44.00 36.50 35.00 49.00 39.00 38.00 47.00 75.00 75.00 82.00 92.00 78.00 56.50 59.00 47.00 40.00 42.00 57.00 60.00 40.00 43.00 46.00 50.00 46.50 45.00 44.00 43.00 40.00 40.00 41.00 41.00 42.00 42.00 42.50 44.00 41.00 40.00 39.00 40.00 40.00 43.00 42.00 42.00 43.50 43.50 43.50 43.50 43.50 44.00 44.50 44.50 44.50 46.00 48.00 50.00 50.00 49.00 49.00 49.00 50.00 50.00
10 Yrs 5 Yrs 10 Yrs
30.27 58.50 44.66 32.73 65.00 46.06 27.24 50.00 32.73 24.68 53.00 35.74 32.41 71.00 45.02 26.00 58.00 45.00 22.00 54.00 40.00 22.50 70.00 55.00 45.00 108.00 85.00 65.00 117.00 90.00 71.00 118.00 96.00 74.00 135.00 110.00 63.00 104.00 74.00 43.00 79.00 59.00 40.00 85.00 60.00 32.00 58.00 36.00 26.00 57.00 37.00 27.00 60.00 41.00 37.00 77.00 52.00 42.00 80.00 55.00 27.50 60.00 40.00 28.00 64.00 41.00 32.00 66.00 43.00 37.00 64.00 44.00 34.00 64.00 44.00 32.50 62.00 41.00 31.50 62.00 41.00 30.50 61.00 40.00 27.50 60.00 40.00 27.50 60.00 40.00 28.50 62.00 42.00 28.50 62.00 42.00 27.50 62.00 42.00 27.50 62.00 42.00 27.50 65.00 42.00 29.00 65.00 41.00 26.50 64.00 40.00 25.00 63.00 39.00 24.00 61.00 37.00 25.00 63.00 38.00 25.00 63.00 38.00 28.00 64.00 41.00 27.00 63.00 40.00 27.00 63.00 40.00 27.50 64.00 42.50 27.50 64.00 41.00 27.50 64.00 40.00 27.50 64.00 40.00 27.00 64.00 40.00 27.00 64.00 40.50 27.00 65.00 40.50 27.00 65.00 40.50 27.00 66.00 43.00 32.00 66.00 43.00 34.00 70.00 47.00 36.00 69.00 46.00 35.00 69.00 46.00 31.00 68.00 45.00 32.00 71.00 47.50 32.00 71.00 47.50 36.00 71.00 47.50 34.00 71.00 46.00
5 Yrs
128 138 100
99
128
107
100
131
193
225
139
257
186
126
136
122
112
129
131
144
105
116
124
121
116
114
112
108
105
105
109
108
110
112
116
115
111
109
109
110
110
116
115
114
119
120
120
120
120
120
121
120
123
124
130
130
127
127
130
134
134
134
10 Yrs
14.3% 7.2% -27.5% -0.9% 29.1% -16.1% -6.7% 30.9% 47.3% 16.9% 6.1% 7.6% -27.7% -32.3% 8.2% -10.3% -8.2% 14.8% 1.3% 10.0% -26.8% 9.8% 7.4% -13.0% -19.3% -20.9% -22.3% -25.1% -26.8% -26.8% -25.0% -22.2% -20.4% -18.4% -12.6% -4.7% -4.0% -3.9% -2.6% 2.0% 4.6% 9.8% 5.7% 5.4% 8.1% 7.3% 3.3% 4.5% 8.4% 9.3% 10.7% 9.0% 11.9% 7.4% 12.5% 13.8% 7.0% 6.0% 8.7% 10.9% 11.2% 11.8%
2019 Jan
Feb 25.00
Mar 24.00 Apr 24.00 May 24.00 Jun 25.00 Jul 25.00 Aug 25.00
20.00
2018 Jan
Feb 22.00
Mar 23.00 Apr 23.00 May 23.00 Jun 23.00 Jul 23.00 Aug 23.00 Sep 23.00 Oct 23.00 Nov 24.00 Dec 24.00
22.00
25.00
Index: 100 = January 2000
Source: Clark Research Services - Autumn 2019
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