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03 AUG 2026 MONDAY
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Tanker resale prices are hitting extraordinary levels as buyers scramble for prompt tonnage in one of the hottest crude shipping markets in years, with traditional asset valuation models effectively breaking down. Fresh sales reported by Clarksons Research on Friday underline the extent of the surge. Trafigura has acquired the scrubber-fitted VLCC resale newbuilding Las Palmas …
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news Splash247 ·2026-05-18

Tanker resale frenzy sends prices skywards

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