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Trade & Logistics

15 September 2026

Tanker boom breaks every historical benchmark

Downunder Voices Newsroom

Source reporting: Splash247

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Tanker boom breaks every historical benchmark

A benchmark tanker rate has entered seven figures for the first time, marking an extraordinary moment in shipping history as war risk sends earnings across virtually every tanker class to record or near-record levels. Also for the first time on record, 10-year-old VLCCs are commanding greater prices than newbuilds.   The Baltic Exchange’s TD3C benchmark for …

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