Miles and Pallets

#Technology

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Technology: The secondhand tanker market is setting records, with a 15-year-old VLCC selling for $115 million
Technology

Secondhand Tanker Prices Hit Record Highs

The secondhand tanker market is setting records, with a 15-year-old VLCC selling for $115 million. High demand for prompt vessels and long-haul trade shifts are driving premiums over newbuild prices.

8 Sep 2026