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McQuilling in the News

Feb. 24, 2015

Market Realist: 5-year and 10-year VLCCs’ prices are rising

"McQuilling Services noted that VLCCs and Suezmax tankers may offer investors a more attractive risk-adjusted return in the long term. It also added that the ten-year tankers of these two vessel classes will outperform their younger counterparts. Asset prices for these vessels recorded a growth of 21.2% and 44.9%, respectively, in the past 12 months.

McQuilling believes that the upward momentum initiated during 2015 will continue forward as the current firm earnings environment persists at a stable rate during the current year. It will retreat slightly in 2016 before firming again through 2019"