Splash 247: Ordering a VLCC today requires ‘leap of faith’: Poten

May 16, 2022

Any tanker owner ordering a VLCC today needs to be confident his or her new ship can earn more than $30,000 a day for its lifetime, something not possible in recent times.

According to analysis from tanker broker Poten & Partners the price of a standard VLCC has increased to $115m, the highest level recorded since 2009.

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