Longer voyages, security threats and limited vessel availability are supporting strong tanker earnings in 2026. CNBC reports that owners are demanding risk premiums for calls in high-risk areas, although the spot market may be nearing a peak.
On September 30, 2026, CNBC reported that tanker shipping remained one of the strongest-performing areas of the freight market. Rates have been supported by longer voyages and changing oil and refined-product trade patterns amid geopolitical risks, including restrictions around the Strait of Hormuz. For owners, the disruption creates an opportunity to charge a premium for voyages involving additional security exposure.
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