It is absolutely a viable strategy. The logistics of it are a little more involved and hard to pull off on short notice. Also the reason all the tankers are full? Because people already did it last month Answer from Owenleejoeking on reddit.com
Quora
quora.com › How-much-is-an-oil-tanker-full-of-oil-worth
How much is an oil tanker full of oil worth? - Quora
Sanctions, legal constraints, or ... (use 7.33 barrels/ton × DWT or standard barrel figures above). Multiply barrels by current oil price per barrel....
VICE
vice.com › home › is it worth it to buy a used tanker and fill it with cheap oil? an investigation
Is It Worth It to Buy a Used Tanker and Fill It With Cheap Oil? An Investigation
August 9, 2024 - For the price and capacity, the best deal available now is a 274 metre-long Suezmax crude oil tanker for $17 million. The Suezmax was built in 2000 by Daewoo Heavy Industries, is currently somewhere in Africa, and has a capacity of 159,057 DWT, ...
Only $375k for oil tanker who’s in?
Okay I did some quick math. 1 barrel of oil is 0.158987 cubic meters. The tanker hold 8 tanks, each with 730 cubic meters of storage. So in each 730 cubic meter tank, there is 4591.56 barrels of oil. So in the total 8 tanks, there is 36,732.48 barrels of oil. According to the latest check of the price per barrel of about -20. We would be paid $734,649.90. Minus out the cost of the tanker at 375,000.00, and we are looking at a profit of 359,649. Literally can't go tits up. More on reddit.com
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April 20, 2020What's stopping anyone (with a lot of cash) from chartering a tanker and holding oil for a month to lock in a guaranteed profit?
It is absolutely a viable strategy. The logistics of it are a little more involved and hard to pull off on short notice. Also the reason all the tankers are full? Because people already did it last month More on reddit.com
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May 2, 2020Great Trade Opportunity in Oil Tankers?
Unfortunately, WSB posted about this play 2 weeks ago More on reddit.com
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April 23, 2020[Request] Saw this on ig, is this reasonably true or just some clickbait algorithm thing?
General Discussion Thread This is a [Request] post. If you would like to submit a comment that does not either attempt to answer the question, ask for clarification, or explain why it would be infeasible to answer, you must post your comment as a reply to this one. Top level (directly replying to the OP) comments that do not do one of those things will be removed. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. More on reddit.com
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January 2, 2025Reddit
reddit.com › r/oilandgasworkers › what's stopping anyone (with a lot of cash) from chartering a tanker and holding oil for a month to lock in a guaranteed profit?
r/oilandgasworkers on Reddit: What's stopping anyone (with a lot of cash) from chartering a tanker and holding oil for a month to lock in a guaranteed profit?
May 2, 2020 -
If I've got this right (which I probably haven't) but couldn't someone with a few million to spare, just charter a tanker, buy a couple million barrels at current WTI prices,($19.69) sell the July contract (currently $32.80) to lock in a guaranteed profit.
Sit out at sea for a month and deliver as per the July contract when the time comes.
Say, even at 200k /day tanker rates, a tidy profit should possible on 2 million barrels. Tanker rates have been dropping so I'm curious as to why this might be the case, surely anyone with the capital to do this has gone out and grabbed the next available tanker , is this as easy as it seems or am I missing something?
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It is absolutely a viable strategy. The logistics of it are a little more involved and hard to pull off on short notice. Also the reason all the tankers are full? Because people already did it last month
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So, I know a bit about physical logistics and trading. Some of the majors own waterborne vessels. For example, a large trading shop like Vitol owns and leases their own vessels. But, if July is at 32.80, and current is at 19.69, the market would be considered $13.11 in "contango." For any floating storage that is still available for short term charter, the rates could go up considerably high. Say, it could be $5 per BBL. Add in scheduling & other complexities, and it isn't thaaaat simple. Plus, most of the floating storage is booked up anyways. The gist is that the market should ultimately take out arbitrage, or easy money, by the cost of transportation of storage moving up, or the time (or geographical or blended) spread getting narrower. Hope this helped!
Investopedia
investopedia.com › articles › investing › 012316 › crude-tankers-business-transporting-oil.asp
Understanding Crude Tankers: Oil Transport Industry and Market Dynamics
September 29, 2025 - Tanker companies often secure long-term contracts, with very large crude carriers (VLCC) and ultra-large crude carriers (ULCC) potentially earning daily profits of $100,000 or more, depending on market conditions and contract terms.
Horizon Ship Brokers
horizonship.com › tankers for sale – crude oil, product and chemical tankers › crude oil tankers for sale – vlcc, suezmax and aframax tankers
Crude Oil Tankers For Sale | VLCC, Suezmax & Aframax Tankers | Horizon Ship Brokers
February 21, 2014 - Horizon Ship Brokers offers crude oil tankers for sale worldwide including VLCC tankers, Suezmax tankers and Aframax crude oil tankers designed for the transport of crude oil on international tanker trade routes supporting global oil transport, energy logistics and crude oil shipping operations between major oil producing and refining regions.
Shipssales
shipssales.com › home › tankers › crude oil
Ships Sale and Purchase - Crude Oil
Ships Valuation · Build · 1998 · Flag · MARSHALL ISLANDS · IMO / Reg Number · Classification Society · Class Notation · Special Ship · Price · 30.000.000 USD · Details · Build · 1996 · Flag · Liberia · IMO / Reg Number · Classification Society · Class Notation · Crude Oil ...
Oreate AI
oreateai.com › blog › unpacking-the-price-tag-what-does-an-oil-tanker-really-cost › 0c057d8a42378e562fec94e3601db01c
Unpacking the Price Tag: What Does an Oil Tanker Really Cost? - Oreate AI Blog
January 28, 2026 - The cost of an oil tanker is a complex figure, ranging from tens of millions to over $100 million, influenced by size, manufacturing location, customization, and technological features.
ShipSelector
shipselector.com › all ships › ship for sale › tanker for sale
Tanker for sale
2 weeks ago - close » · Filter · Filter » · All ships · Ship for sale · Tanker for sale · Offer date new-old · Offer date old-new · Name A-Z
Quora
quora.com › What-is-about-the-worth-of-the-payload-of-one-big-oil-tanker
What is about the worth of the payload of one big oil tanker? - Quora
Crude oil price: market-dependent. Use representative ranges to show sensitivity. (Examples: US$70, US$100, US$130 per barrel.) Currency: US dollars. ... Cargo value = cargo volume (barrels) × price per barrel.
MarineLink
marinelink.com › news › secondhand-crude-tankers-reach-highest-504481
Second-hand Crude Tankers Reach Highest Values in 25 Years, BIMCO Says
April 19, 2023 - Twelve months ago, that valuation had risen to USD 172.0 mill. (+25%). Since then, another USD 59.0 million has been added in value, and the three five-year-old ships are now valued at a combined USD 231.0 mill.
Lloyd's List
lloydslist.com › LL1154240 › Crude-oil-tanker-values-lifted-by-tonne-mile-demand-boost-as-product-tankers-stabilise
Crude oil tanker values lifted by tonne-mile demand boost as product tankers stabilise :: Lloyd's List
July 17, 2025 - A shift in trading patterns has tightened vessel availability and contributed to strong crude tanker spot and time charter rates, helping to lift vessel price assessments · Source: Xclusiv Shipbrokers Xclusiv Shipbrokers analyst Eirini Diamantara says that a recent rise in VLCC values have been supported by several key factors. CRUDE oil tanker values have been rising in the past month following trade disruptions which have boosted voyage lengths and subsequently spot rates and time charter rates.
Reddit
reddit.com › r/wallstreetbets › only $375k for oil tanker who’s in?
r/wallstreetbets on Reddit: Only $375k for oil tanker who’s in?
April 20, 2020 -
https://oceanmarine.com/detail.cfm?163%2Dft%2E%2DBunker%2DTanker%2D%2Dfile%2D%23%2D15214&product_id=15214&category_current=9&category_current_sub=56
163 Ft Oil product Bunker Tanker For Sale. Single hull. 730 cbm in 8 tanks. 2 Bornemann pumps 2 X 200 cbm hr.Survey and drydocking August 2019.
REGISTRATION YEAR BUILT: 1980 BUILDER: Luhring Brake, Germany FLAG: Togo CLASSIFICATION: IRS CONSTRUCTION: Steel GROSS / NET TONS: 496 / 153 CERTIFIED: CERT. EXPIRES:
OF PASSENGERS: 0
LOADLINE: Yes LAST SURVEY
DIMENSIONS LENGTH: 163.42 FT. / 49.81 MT. BEAM: 30.25 FT. / 9.22 MT. DRAFT: 9.35 FT. / 2.85 MT. REG. LENGTH: 0.0 FT. / 0.0 MT.
CAPACITIES Gal. M Tons Barrels FUEL: 0 0.0 0.0 POTABLE WATER: 0 0.0 0.0 BALLAST: 0 0.0 0.0 DECK CAPACITY:
PERFORMANCE SPEED: 10 KTS CONSUMPTION: GPH: 23.0 Tons Per Day: 1.77
ACCOMMODATIONS BERTHS: STATEROOMS:
LOCATION LOCATION: West Africa
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Okay I did some quick math. 1 barrel of oil is 0.158987 cubic meters. The tanker hold 8 tanks, each with 730 cubic meters of storage. So in each 730 cubic meter tank, there is 4591.56 barrels of oil. So in the total 8 tanks, there is 36,732.48 barrels of oil. According to the latest check of the price per barrel of about -20. We would be paid $734,649.90. Minus out the cost of the tanker at 375,000.00, and we are looking at a profit of 359,649. Literally can't go tits up.
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Do oil tankers count as yachts...?
Marine Log
marinelog.com › home › latest news › how are tankers valued?
How are tankers valued? - Marine Log
February 4, 2019 - In the case of tankers, there are around 140 scores. One of the most important scores is the shipyard. A vessel built in China is less desirable than one built in Japan. A well-published example is the one shown above. In November 2014, the New Century-built Supramax bulker ACS Diamond was sold for $10 million. The previous week, the slightly older Japanese-built pair of Supramaxes were sold for $15.5 million each. This was an implied discount of around 40% between Japan and China.
Quora
quora.com › What-price-does-the-producer-get-paid-per-barrel-of-oil-produced
What price does the producer get paid per barrel of oil produced? - Quora
Answer: Roughly speaking, the producer usually makes the spot price (the quote everyone sees) minus the standard shipping cost to the nearest major distribution hub, plus/minus a premium or discount based on the quality of the specific crude oil relative to the benchmark crude. So to make up so...
Petronav
petronav.net › tanker-for-sale
Oil Tanker Ships for Sale | Used Tankers & Vessel Purchase – Petronav
TYPE TANKER, SUBTYPE Oil Products Tanker DWT 48635 MTS ON 12.62M DRFT BLT 5/2006 AT Iwagi Zosen Co Ltd - Kamijima EH,JAPAN CLASS NK SS 7/14/2029 DD 6/1/2024 GRT 28844 NRT 13234 LOA/B/D 179.99/32.23/19.05 M Tanks: 19 Liquid Cap: 55714 cbm, Oil Cap: 55714 cbm Pumps: 4x1250 M3/HR CBT: no, SBT: yes, COW: yes, IGS: yes DOUBLE SIDES: YES, DOUBLE BOTTOM: YES Tanks Coating: YES, Epoxy Heating Coils: YES M/E MAN B&W 6S50MC-C,BHP 12889 SPEED 15.1 KNOTS ON 27 TS GENERATORS: 3 LDT: 9365 MT She is Presently enroute Sines, Portugal where ETA 12th August.
Nautisnp
nautisnp.com › tankers
Tanker Ships for sale - Crude Oil, VLCC, Suezmax, Aframax, LR, MR 1+2, Bitumen and LPG/LNG | NautiSNP
1 day ago - We have Tanker Ships for Sale. Find out recommended best vessel deals and use our professional services. We will save you time and money!
Breakwave Advisors
breakwaveadvisors.com › insights › 2022 › 2 › 11 › tanker-shipping-market-10-noaMZ
Tanker Shipping Market 1.0 Part 1/2 — Breakwave Advisors
February 13, 2022 - When a charterer requires a tanker to move oil from A to B they will typically get in touch with a ship broker, who will in turn contact a number of vessel owners and act as a middle man in negotiating price, terms and conditions for carrying the cargo.
LinkedIn
linkedin.com › posts › wayne-camp-79b06aa_how-much-is-a-oil-tanker-worth-todays-very-activity-7435077027872940032-vKwB
Oil Tanker Value: $150M in Crude Cargo
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Riviera
rivieramm.com › news-content-hub › news-content-hub › new-mr-tanker-sales-set-higher-valuation-benchmark-75796
Riviera - News Content Hub - MR tanker sales set higher valuation benchmark
April 14, 2023 - Ridgebury Tankers' John B sold to undisclosed buyers for US$23.5M (source: Ridgebury Tankers, image for illustration purposes) ... Average values for 20-year-old MR tankers, based on sale prices achieved in the last year, have more than doubled, ...
Ship Universe
shipuniverse.com › chartering-tankers-costs-risks-and-profits
Chartering Tankers: Costs, Risks, and Profits – Ship Universe
January 13, 2026 - ... Carbon math (screening): Fuel mt × emission factor × phase × scope × allowance price. Set scope ~1.00 for mostly intra-EU/at-berth exposure, ~0.50 for EU↔non-EU dominated mix, or whatever matches your itinerary. ... If you’re a charterer analyzing a voyage charter, treat “revenue” ...