market May 18, 2026

Tanker Resale Prices Surge Amid High Demand

Tanker resale prices have reached unprecedented levels as buyers seek immediate tonnage in a booming crude shipping market, according to Splash247. Clarksons Research reported on Friday that Trafigura has purchased the scrubber-fitted VLCC resale newbuilding Las Palmas, highlighting the market's intensity.

Las Palmas (tanker)