Record VLCC orders raise fears of 2028 tanker squeeze

🇬🇧 Seatrade Maritime (GB) —

AI Summary

VLCC tanker orders reached a record high of 54.5 million dwt in the first half of 2026, surpassing any previous full year. This surge in contracts may position Greece as the top VLCC owner globally and raises concerns about a tanker capacity squeeze in 2028.

VLCC contracting hit 54.5m dwt in the first half of 2026, more than any previous full year, and may bring Greece the VLCC ownership crown.

Markets Commodities Shipping VLCC tanker orders shipping Greece capacity squeeze 2028 forecast

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