Used oil tankers have become more expensive than new ones for the first time
Why now
Thesis: Tanker scarcity lifts asset values and fleet costs
Catalyst to watch: Newbuild delivery schedules and scrapping rates
Main risk: Freight rates fall, stranding expensive tonnage
Why it matters
Used tanker prices exceeding newbuilds signals tight secondhand supply, raising fleet replacement costs for shippers.
Sources
- googlenews · news.google.com · 2026-09-27 10:29 UTC
- googlenews · news.google.com · 2026-09-27 10:29 UTC