Asset value of tankers is apparently on a decrease. Recently, a 158,000-dwt suezmax tanker Almi Sun (built in Feb. 2013) has been sold at around $55m, which was the first suezmax resale deal since January 2011, when three ships built at Samsung Heavy Industries of Korea were sold for $67.5m each.
Suezmax resale value fell slightly more than 18% over the two year period.
Other tanker segments, however, saw even worse drop in their values - VLCC prices dropped by 26% and those of aframax fell 27%, during the same period.
Some market players explain the downtrend seen in tanker values has been caused by a lack of traditional debt finance.