Crude tanker orders hit record high

Crude tanker contracting has hit its highest level on record, with owners rushing to secure new VLCC and suezmax capacity as strong freight markets, ageing fleets and geopolitical disruption reshape the sector’s investment case. BIMCO said today crude tanker newbuilding contracting has already reached 60m dwt across 234 ships this year, making 2026 the strongest … Read full article →