Tracking the Pulse of Greek Tanker Transactions in Hellenic Shipping News 19/06/2026 G reek owners have remained quite active in the S&P market for tankers, although they were mainly net sellers. In its latest weekly report, shipbroker Xclusiv said that “following our previous analysis of dry bulk Sale & Purchase and newbuilding activity during the first five months of 2026, with particular emphasis on the role of Greek interests, we now turn our attention to the tanker market. The tanker S&P market has displayed remarkable momentum since the beginning of the year. Between January and May, a total of 318 tankers changed hands, almost double the volume recorded during the corresponding period of 2025. Activity was broadly spread across vessel classes, with VLCCs leading the market with 76 transactions, representing 24% of all sales. MR2 tankers followed closely with 74 deals (23%), while Suezmax vessels accounted for 39 transactions, or 12% of total activity”. Source: Xclusiv According to Xclusiv’s report, “Greek owners have maintained a dominant presence in the S&P arena, particularly on the selling side. Greek-controlled interests topped the list of sellers with 61 vessel disposals, representing approximately 19% of all tanker transactions concluded during the period. In value terms, these sales are estimated at USD 2.8 billion out of a total market value of roughly USD 13.7 billion, corresponding to a 20% share. Such figures suggest a deliberate strategy of asset monetization, taking advantage of firm secondhand values across several tanker segments. Greek sales were concentrated primarily in the VLCC sector with 18 vessels, followed by 13 Suezmaxes and 9 MR2 tankers. Nearly half of all vessels sold were between 16 and 20 years old, highlighting a preference for divesting older tonnage, improving fleet age profiles and unlocking capital for future investments. On the acquisition side, Greek buyers remained active, albeit more selective. A total of