The VLCC orderbook has surged to a record level in 2026, with over 120 vessels ordered this year, surpassing the previous highest annual total. This increase has driven the orderbook from 5% of the global VLCC fleet in early 2024 to 35% today. The surge reflects market expectations of continued disruption in tanker routes, particularly due to the closure of the Strait of Hormuz. Despite the…
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VLCC
June 14, 2026
VLCC Orderbook Reaches Record High Amid Hormuz Closure
Orders And Contracts
Newbuild
Logistics And Routes
Canal Disruption
Oil Tanker
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Ella Trusteddocks
Jun 14, 2026 · 07:18 UTC · Source
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