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Jul 05, 2015 · In a previous article we mentioned the volatility smile, where middle aged tonnage seems to be completely out of favor, and thus comparatively undervalued.And we can ignore the market of 15+ year-old tankers, as this is a market with its own dynamics.
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Jan 07, 2014 · Yet most of the nations 94,000 rail tankers carrying oil, ethanol and other flammable liquids dont meet puncture-resistance and other standards that apply to new tank cars. Rail car and shipping industry officials say it could take a decade and cost billions to retrofit up to 65,000 older tankers that carry flammable liquids.
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