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EconomyOld supertankers soar past new builds as market goes ‘bananas’

Surging freight rates are driving up the value of older supertankers, which has moved above that of newly built vessels. Prices are being shaped by how quickly ships can be delivered to buyers.

SupertankersShipping marketFreight rates

FFinancial Times★★☆☆☆2026-09-27 04:00Original

Old supertankers soar past new builds as market goes ‘bananas’
Economy