Tanker values have soared in 2026 but signs of stabilisation are emerging
- Tanker asset values have risen sharply across all segments over the past year, led by VLCCs and suezmaxes
- Five-year-old VLCC values have climbed 35% year on year, while 10-year-old units are up 54%
- Recent price movements suggest the secondhand market may be beginning to stabilise outside the VLCC sector
Strong owner balance sheets and prolonged healthy earnings have reduced the pressure to sell, allowing owners of modern tonnage to demand increasingly higher prices
