Stainless chemical tonnage tightens on parcel trade demand

Demand for high specification stainless steel chemical tankers continues to outpace supply. Parcel operators are securing longer periods for IMO II tonnage with a high number of segregations, and this is feeding directly into asset values.\n\nWe are seeing renewed enquiry from Middle Eastern and Far Eastern buyers for 10,000 to 20,000 dwt units with clean CDI and vetting records.