Latest News Updates From Alex Longley and Weilun Soon

GovernmentBusinessSafetyFuelLogisticsGlobal Freight

Oil Supertanker Orders Eclipse Record Set in 2008

There are currently 262 supertankers, each capable of hauling 2 million barrels of crude oil, on order at shipyards around the world.

June 8, 2026
GovernmentBusinessSafetyFuelLogisticsGlobal Freight

Oil Companies Scramble for Ships to Secure Transport

Oil companies are rushing to secure giant tankers to ensure they can transport barrels after the industry was upended by war and the largest vessel-buying spree in a generation, DHT's CEO says.

June 1, 2026
BusinessFuelLogisticsGlobal Freight

Supertanker Shortage Deepens as Sinokor Gains Control

A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect American oil next month.

February 26, 2026

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