Soaring freight turns older VLCCs into hot assets
The SeaNation team presents data from Xclusiv Shipbrokers, Inc., revealing how extraordinary VLCC earnings are rapidly repricing secondhand tonnage and pushing older vessels sharply higher
The SeaNation team presents data from Xclusiv Shipbrokers, Inc., revealing how extraordinary VLCC earnings are rapidly repricing secondhand tonnage and pushing older vessels sharply higher
The SeaNation team presents data from Xclusiv Shipbrokers, Inc., revealing how surging VLCC acquisitions, resilient vintage-tonnage demand and sharply higher transaction volumes are reshaping the tanker Sale & Purchase market in 2026
The SeaNation team presents Xclusiv Shipbrokers, Inc. data showing dry bulk S&P activity accelerating in 2026, with 496 vessels changing hands during the first seven months
The SeaNation team presents the latest analysis from Xclusiv Shipbrokers, Inc., highlighting how shifting crude export origins, rather than volumes alone, are reshaping tanker demand, tonne-mile utilisation and global shipping markets
Saudi Arabia successfully reduced its reliance on the Strait of Hormuz, but rising Red Sea security threats are creating new vulnerabilities for energy exports, global shipping, freight markets and international supply chains
The dry bulk orderbook expanded sharply during the first half of 2026, with Greek owners leading newbuilding activity as contracting accelerated, deliveries increased, and sale and purchase markets remained active across both dry bulk and tanker sectors
The period of 29 June–4 July 2026 opened with Iran replacing drones with invoices, closed with France and the UK deploying warships, and delivered a $1.47 billion VLCC orderbook bet in between.
The revival of Venezuelan crude exports is reshaping tanker employment, expanding demand across multiple vessel classes and demonstrating how sanctions policy can rapidly alter global crude trade flows and shipping market dynamics
The week of 21–28 June 2026 delivered a drone strike on a trapped Evergreen vessel, a 39% VLCC rate collapse, container shipping’s third-largest spike in history, and a ceasefire that kept shooting
Stronger freight earnings, diversified commodity demand and rising vessel utilisation have pushed dry bulk asset values sharply higher, reinforcing buyer confidence and supporting secondhand prices across virtually all vessel segments