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
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Tanker S&P activity jumps 53% as VLCC buying transforms the market
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 geography of oil is changing — and so is global shipping
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
Red Sea risks rise as ship sale and purchase activity strengthens
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
Dry bulk orderbook accelerates as Greek owners lead newbuilding momentum
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
Decks and Deals Weekly #48
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.
Venezuelan crude returns — and the tanker market is changing with it
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
Decks and Deals Weekly #47
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
Decks and Deals Weekly #39
April 13–19 2026 produced the Hormuz reopening that lasted thirty hours Iran declared the strait open oil fell 9 percent tankers moved and by Saturday morning Tehran had reversed course leaving markets wrong-footed
Decks and Deals Weekly #38
The week of March 29 to April 4, 2026 brought a missile into Qatari sovereign waters, the first Western vessel through the Strait of Hormuz, and bunker prices that rewrote their record book