#supertankers — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #supertankers, aggregated by home.social.
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Unintended consequences always rise up.
Orders to build new oil "supertrankers" (VLCC) in 2026 are up more than double 2025. Each VLCC costs about $130 M to build.
Industry Boffins suggest the greatest need is to ship oil from the Atlantic basin to Asia and indicates that that long-haul oil trade will remain resilient, despite the transition away from fossil fuels.
Asian and European refiners are having to replace supplies lost by the virtual closure of the Strait of Hormuz. https://www.reuters.com/business/energy/us-iran-conflict-helps-drive-wave-supertanker-orders-2026-09-17/ #Oil #Shipping #OilTankers #StraitofHormuz #VLCC #SuperTankers #OilTrade #USA-Iran-War