Tanker owners are riding on record revenues… but 2026 looks more risky
The tanker market is ending the year on impressive income levels: VLCCs are operating on six-figure daily earnings, Suezmaxes are maintaining high levels, and Aframaxes are closely following. For shipowners, the recent period resembles a “peak cycle” sequence. Yet, behind these flattering figures, a period of turbulence is emerging for...