what is the realistic Net value of an oil tanker after sale discounts

Answer (1 of 5): Crude oil tankers come in different sizes, divided into size categories. The smallest size class of tankers is Long Range 1 (there are smaller tankers, but they are used for refined products, rather than crude oil). These tankers transport up to 550,000 barrels of crude oil. At ...

Congress.gov

congress.gov › crs-product › R47962

The Global Oil Tanker Market: An Overview as It Relates to Sanctions | Congress.gov | Library of Congress

Sanctions have increased the value of older tankers. Traders of sanctioned oil may prefer older tankers because the longevity of the sanctioned market is uncertain. One shipbroker reported that in 2022, there were over 600 secondhand tanker sales—a record amount—with many vintage tankers ...

Discussions

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?

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

r/oilandgasworkers

May 2, 2020

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

r/wallstreetbets

357

2002

April 20, 2020

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

Answer: The largest «normal» class of tankers are the VLCCs, which can carry 2 million barrels (give or take) of crude oil. With today’s oil price hovering around $60/bbl that would amount to $120mill for one full cargo. The typical VLCC is 330–340m long, have a beam of 60m and a draft ...

S&P Global

spglobal.com › energy › commodity › shipping market prices, data, and analysis › tankers

Tankers Market Prices, Data, and Analysis | S&P Global

July 6, 2026 - In this episode of the Platts Oil Markets podcast, Francesco Di Salvo is joined by Managing Editor for fuel oil Rowan Staden-Coats. Related price assessments: PUABC00 - FO 3.5%S FOB Rdam Barge PUMFD00 - Marine Fuel 0.5% FOB Rdam Barge $/mt More listening options: ... We offer a comprehensive suite of tools and resources designed to support stakeholders in navigating the complexities of the tankers market.

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, ...

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.

Investopedia

investopedia.com › articles › investing › 012316 › crude-tankers-business-transporting-oil.asp

Understanding Crude Tankers: Oil Transport Industry and Market Dynamics

May 23, 2026 - 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.

ShipSelector

shipselector.com › all ships › ship for sale › tanker for sale

Tanker for sale

1 week ago - close » · Filter · Filter » · All ships · Ship for sale · Tanker for sale · Offer date new-old · Offer date old-new · Name A-Z

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 - Recent tanker sales reported by shipbrokers included the 18-year-old VLCC Atlantic Loyalty (IMO: 9312509) which was sold by South Korea’s Sinokor to undisclosed owners for circa $44m.

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Qh-shipping

qh-shipping.com › How-much-does-an-oil-tanker-cost-id47961896.html

How much does an oil tanker cost? - Tai Zhou Qin Hai Shipping Science and Technology Co., Ltd.

December 4, 2025 - Oil tankers are large ships specifically designed to carry oil in bulk. They come in various sizes, from smaller coastal tankers to massive ultra-large crude carriers (ULCCs). The cost of an oil tanker can vary significantly depending on its size, age, and specifications.

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...

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

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.

Ship Universe

shipuniverse.com › chartering-tankers-costs-risks-and-profits

Chartering Tankers: Costs, Risks, and Profits – Ship Universe

Chartering tankers in 2026 is about controlling the “all-in” economics, not just accepting a headline rate. The practical outcome usually depends on fuel and time assumptions, route-specific add-ons (insurance, security, canal and port invoices), and whether the charterparty makes pass-through costs and compliance recovery mechanical or argumentative. ... Add $75/mt to fuel, add 3 days of waiting, and add a realistic route premium line.

Petronav

petronav.net › home › tanker

Oil Tanker Ships for Sale | Used Tankers | Petronav

Oil tanker ship (tankship) is a carrier that is specifically manufactured to transport gases and liquid in bulk across the oceans, main types of tanker ships consist of chemical tanker gas tanker(carriers) oil tanker and commodity tanker (carrier) to transport commodities like vegetable oil molasses and wine etc .

ShipSelector

shipselector.com › all ships › ship for sale › tanker › crude oil tanker for sale

Crude Oil Tanker for sale

close » · Filter · Filter » · All ships · Ship for sale · Tanker · Crude Oil Tanker for sale · Offer date new-old · Offer date old-new

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 - Crude oil tankers have a vital role to play within the energy value chain. Their main role is to transport crude oil from production to refining, although they are also sometimes used for storing crude oil post production. Crude tankers can also be used for carrying oil products such as fuel oil.

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.

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?