Ship Segment

Tankers Market

The wet fleet: VLCC, Suezmax, Aframax and product carriers moving crude oil and refined products.

Fleet

2,765

165.4M dwt

Average age

22.8 yrs

median 21 yrs

Orderbook / fleet

32.7%

903 on order

Secondhand

$405 /dwt

634 sales

Fleet

Fleet Structure

Tracked vessels2,765

Total deadweight165.4M dwt

Average age22.8 yrs

Median age21 yrs

Snapshot date2026-10-15

Age distribution

0-463 (2%)

5-9256 (9%)

10-14269 (10%)

15-19631 (23%)

20-24618 (22%)

25+928 (34%)

Supply

Orderbook & Deployment

On order

903

116.4M dwt

Orderbook / fleet

32.7%

on-order ÷ in-service

Net supply (1y)

+11.8%

434 due 1y

Deployment

33.2% slow-steaming

41.3% idle

Pricing

Asset Value & Freight

Secondhand benchmark

$405 /dwt

median of 634 sales (12m)

Dirty Tanker Index

7,727 pts

2026-10-15

TC-equivalent

not published

Recycling

Recycling Pressure

Median scrap age

25 yrs

structural curve

Demolished (12m)

101

vessels

LDT recycled (12m)

1.1M LDT

Scrap rate

3.7%

12m count ÷ fleet

Go deeper

Related Analytics

Fleet Analytics

Type, flag, age & DWT of the world fleet

Supply & Demand

Utilization, floating storage & ton-miles

Newbuilding Orders

The global orderbook by segment

S&P Transactions

Recent sale & purchase deals

Freight Indices

Daily indices & TC earnings

Recycling Market

Scrap prices & volumes by segment

Compare

Other Segments

This overview is a pure rollup over the same data behind our deep analytics pages. It fetches no new source, so it can never drift from them. Fleet, age and orderbook come from our tracked fleet and the orderbook feed; secondhand pricing is the outlier-screened trailing-365d median $/dwt; the freight index is shown under our own generic name (CONTAINER and GAS have no licensed index today and are left blank). Figures are honest to the underlying sample: a thin segment is flagged. Computed 2026-10-15.

All ship segments