Latest developments in the tanker market form a major pillar of the maritime domain. As major exporters such as the Gulf countries, Russia, and the United States try to shape the market according to their own strategic game plans, different product segments are also affected by domestic policies within each country. Tanker ships from VLCC to Panamax are vessels that attract significant investment every day. This continuous demand directly influences shipbuilding trends and overall supply dynamics.
5 articles
FeaturedTanker transits through the Strait of Hormuz fell to 21 on July 14, against a pre-war norm of up to 140 a day, as renewed US-Iran strikes and attacks on shipping price the waterway out of use.
Kemal Can Kayar|4 min read|Jul 16, 2026
VLCC earnings for ships loading through the Strait of Hormuz neared $470,000 a day in late June, roughly nine times normal, as post-ceasefire charterers paid a pure geographic risk premium to move Gulf crude.
Kemal Can Kayar|3 min read|Jun 25, 2026
Five leading P&I clubs cancel war-risk cover for Gulf waters as the IRGC declares Hormuz closed, leaving tankers commercially unable to sail and energy prices surging across oil, gas and LNG markets.
Kemal Can Kayar|4 min read|Mar 5, 2026
US forces capture Nicolás Maduro and fly him toward New York as port captains at José freeze all loaded-tanker departures, leaving Venezuela's seaborne crude exports at a complete standstill under the December quarantine.
Kemal Can Kayar|4 min read|Jan 4, 2026
The Baltic Sea has become one of Europe’s most closely watched waterways as Russian “shadow fleet” tankers, suspected sabotage of subsea infrastructure and tightened NATO patrols intersect in a confined sea loaded with power cables, data links and energy trade routes.
Kemal Can Kayar|4 min read|Nov 23, 2025