Industry data show that shipowners have ordered more than twice as many VLCC supertankers in 2026 as in all of 2025, with total contract value exceeding USD 20 billion. Figures from Signal Group and Allied Shipbroking point to between 164 and 217 VLCCs ordered, while broker and trade press reports highlight the role of Asian yards and changing crude trade patterns in driving this historic newbuilding cycle.
According to leading shipping analytics and news agencies, global shipowners are in the midst of a historic VLCC newbuilding cycle in 2026. Data from Signal Group indicate that 217 Very Large Crude Carriers have been ordered so far this year, compared with 93 in 2025, while Allied Shipbroking records 164 VLCCs booked, still more than double last year’s tally. The aggregate value of these contracts is estimated at over USD 20 billion, making this the biggest wave of supertanker ordering in at least 25 years.
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