Ship Segment

Tankers Market

The wet fleet — VLCC, Suezmax, Aframax and product carriers moving crude oil and refined products.

Fleet

2,816

172.8M dwt

Average age

22.9 yrs

median 21 yrs

Orderbook / fleet

44.4%

1,249 on order

Secondhand

$336 /dwt

293 sales

Fleet

Fleet Structure

Tracked vessels2,816

Total deadweight172.8M dwt

Average age22.9 yrs

Median age21 yrs

Snapshot date2026-06-23

Age distribution

0-464 (2%)

5-9260 (9%)

10-14272 (10%)

15-19637 (23%)

20-24628 (22%)

25+955 (34%)

Supply

Orderbook & Deployment

On order

1,249

149.1M dwt

Orderbook / fleet

44.4%

on-order ÷ in-service

Net supply (1y)

+14.5%

418 due 1y

Deployment

28.2% slow-steaming

55.5% idle

Pricing

Asset Value & Freight

Secondhand benchmark

$336 /dwt

median of 293 sales (12m)

Dirty Tanker Index

2,176 pts

2026-06-22

TC-equivalent

—

not published

Recycling

Recycling Pressure

Median scrap age

28 yrs

structural curve

Demolished (12m)

vessels

LDT recycled (12m)

503k LDT

Scrap rate

1.7%

12m count ÷ fleet

Go deeper

Related Analytics

Fleet Analytics

Type, flag, age & DWT of the world fleet

Supply & Demand

Utilization, floating storage & ton-miles

Newbuilding Orders

The global orderbook by segment

S&P Transactions

Recent sale & purchase deals

Freight Indices

Daily indices & TC earnings

Recycling Market

Scrap prices & volumes by segment

Compare

Other Segments

This overview is a pure rollup over the same data behind our deep analytics pages — it fetches no new source, so it can never drift from them. Fleet, age and orderbook come from our tracked fleet and the orderbook feed; secondhand pricing is the outlier-screened trailing-365d median $/dwt; the freight index is shown under our own generic name (CONTAINER and GAS have no licensed index today and are left blank). Figures are honest to the underlying sample — a thin segment is flagged. Computed 2026-06-23.

All ship segments