Oil tanker market is absolutely repricing right now due to Iran war demand shock
15-year-old supertankers are now worth MORE than brand new vessels
A 2011 VLCC just sold for $146M vs $130-140M for a newbuild
Why? New tankers take years to deliver. Existing vessels print cash TODAY
Supply chains broken. Geopolitics driving real asset repricing. This is what happens when physical markets get squeezed
15-year-old supertankers are now worth MORE than brand new vessels
A 2011 VLCC just sold for $146M vs $130-140M for a newbuild
Why? New tankers take years to deliver. Existing vessels print cash TODAY
Supply chains broken. Geopolitics driving real asset repricing. This is what happens when physical markets get squeezed