Shipping broker report ending 06/19/26

Y’all can skim thru the report. For me, the more interesting data-point is the sale of two 2023-build Suezmax @ $112.5M each. Brugge = Belgium = CMB-Tech?? Yes, confirmed, … those Belgians. Tanker competitor Okeanis paid about $95M each for a soon-to-deliver Suezmax pair at the end of 2025. Teekay Tankers (TNK) also have purchased a pair of Suezmax resales (delivery 2027) for around $95M each. If Q2 2026 Spot rate is annualized, a Suezmax is earning $36M - $48M this year. Good for seller, good for buyer

Edit: The was a pair of newbuild transactions of some interest. The 4 Newcastlemax order is attributed to Seatankers i.e. Fredriksen-backed, and the pair of Capes is Tsakos (somewhat unusual for them to be in dry bulk)

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