VLCC Orders Drive Tanker Newbuilding Surge
Tanker newbuild ordering has gathered significant momentum through 2026, increasing c.358% year-on-year with 444 vessels placed year to date (including on order and options) across all major segments. Activity peaked in February at 20.5 mil DWT before moderating in subsequent months. Ordering has skewed heavily towards large crude carriers, with VLCCs and Suezmax vessels commanding the lion’s share of activity. A handful of dominant […]
