The S&P markets have been highly active in recent years, with over 7,000 vessels sold since the start of 2014, and 2017 marking a record year in tonnage and value terms. The Analysis in SIW 1364 examined which sectors have seen large volumes, but looking at the flow of ships between owner nationalities is also illuminating, with most of the liquidity in the market linked to owners in a small number of countries.

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