Semafor — shipowners ordered twice 2025's tanker count this year, the biggest buying spree in 25 years
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Semafor — shipowners ordered twice 2025's tanker count this year, the biggest buying spree in 25 years
· Semafor
Source: View source · Semafor · web
Why it's worth your time
Owners have committed roughly $20 billion to newbuilds and daily lease rates are up about tenfold year over year, because the shut Saudi East-West pipeline is pulling crude from the Americas on far longer voyages. Capital spending is the strongest form of a freight call: the market thinks the ton-mile shock outlasts the war — which is also the classic top signal for tanker equities now sitting at RSI 69 to 77.
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