Cargo ships

Value of old supertankers soars past new builds as market goes ‘bananas’

Financial Times27 September 2026, 04:00 UTC

As freight rates soar, vessel prices are being determined by how quickly a ship can be delivered to buyers

Read the full story at Financial Times Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More on Cargo ships

Tanker hit by multiple projectiles off north coast of Qatar, UKMTO saysAl Jazeera8 October 2026, 02:48 UTCQatarCargo shipsThe UK maritime agency has reported a rise in attacks on vessels in the vital Strait of Hormuz.
Gold Near Nine-Week Low on Prospects for Rate Hike by Year-EndBloomberg7 October 2026, 23:37 UTCUnited States of AmericaEconomic dataGold traded near a nine-week low as fresh tensions in the Strait of Hormuz heightened war-driven inflation concerns and investors weighed prospects for at least one more US rate hike this year.
Oil Tanker Struck by Projectiles Near Qatar, 500 km Away from Strait of Hormuz - news.sbs.co.krGoogle News7 October 2026, 23:28 UTCQatarCargo shipsOil Tanker Struck by Projectiles Near Qatar, 500 km Away from Strait of Hormuz news.sbs.co.kr
Naval drone hits oil tanker off Russian resort city Sochi, triggering massive blaze - The GuardianGoogle News7 October 2026, 21:45 UTCRussiaCargo shipsNaval drone hits oil tanker off Russian resort city Sochi, triggering massive blaze The Guardian
Panama Canal Announces Allocation Program for Neopanamax & Panamax Locks - The Maritime ExecutiveGoogle News7 October 2026, 21:22 UTCPanamaCargo shipsPanama Canal Announces Allocation Program for Neopanamax & Panamax Locks The Maritime Executive
Tanker off Qatar reports hits from multiple projectiles, says maritime agency - The Times of IsraelGoogle News7 October 2026, 20:25 UTCQatarCargo shipsTanker off Qatar reports hits from multiple projectiles, says maritime agency The Times of Israel