Shipping & Freight #vlcc#tankers
VLCC values continue to rise even for 20-year-old ships, brokers report
According to Splash247, VLCC values continue to rise, with even 20-year-old vessels fetching significant sums. The 302,400 dwt Kawasaki-built Yamatogawa was sold for $61.5 million, following the April sale of the similar-aged Kasagisan for just over $60 million. Sincere Navigation also sold two younger VLCCs for $82 million and $78 million earlier this year.
Jun 22, 2026 1 source