VLCC Spot Rates Hold Near $90,000 Per Day: What DHT’s Q2 Booking Signal Says About Crude Tanker Earnings
The crude tanker market has a habit of giving mixed signals in April. Spot rates soften as refinery maintenance bites.
Market Signals
Market Signals
CMBT Stock Analysis 2026: Fleet Breakdown, CMB.TECH Transition, and Whether the Valuation Still Screens as a Tanker Bet
CMBT is no longer the ticker it was in 2023. That matters for any investor who still thinks of the
Market Signals
VLCC Spot Rates April 18, 2026: Where Crude Tanker Earnings Sit Heading Into Q1 Prints
The April 18 VLCC spot rate deck sits below the Q1 peak on TD3C and TD22, while Aframax rates broke higher. Here is what the current tape means for DHT, FRO, TNK, INSW, and the rest of the crude tanker group into Q1 earnings season.
Market Signals
International Seaways (INSW) Stock Analysis: Suezmax and MR Dual Fleet, Supplemental Dividend Floor, and the Rights Plan Overhang
International Seaways is the only crude and product hybrid fleet on our tanker watchlist. Here is an INSW stock analysis covering fleet composition, the supplemental dividend floor, cash breakeven math, and the April 9 rights plan amendment.
Tanker Education
Time Charter Equivalent (TCE) Explained for Tanker Stock Investors: The Single Most Important Number in Crude and Product Tanker Investing
Time charter equivalent, known as TCE, is the single most important number in tanker stock investing. Every operator reports it.
Tanker Education
Strait of Hormuz and Tanker Stocks: How Chokepoint Risk Premiums Move VLCC and Suezmax Freight Rates
The Strait of Hormuz is the single most important chokepoint in the oil tanker map, and it is the chokepoint
Fear & Greed Index: 68, Greed | April 17, 2026
The Fear & Greed Index is 68 today Sentiment: Greed Our fox friend is clutching that money bag tight. Greed
Fear & Greed Index: 68 — Greed | April 17, 2026
The Fear & Greed Index is 68 today Sentiment: Greed Feeling foxy! Investors are getting greedy and chasing gains. What
Stock Analysis
Teekay Tankers (TNK) Stock Analysis: Suezmax Exposure, Balance Sheet, and the 2026 Investor Setup
Teekay Tankers carries the cleanest balance sheet on the crude tanker watchlist and the highest Suezmax concentration of any listed
DHT Prints $91,700 Per Day on Q1 VLCC Spot, Confirming the Rate Regime TXZEN Readers Are Searching For
DHT Holdings handed the tanker market a real number on April 15. Not a broker estimate. Not a model output.
Scorpio Tankers (STNG) Q1 2026 Earnings Preview: MR and LR2 Rate Exposure, Dividend Math, and the Setup Into the Print
Scorpio Tankers reports Q1 2026 earnings in the coming weeks. The setup heading into that print is the single best
Tanker Stocks P/NAV Scorecard: April 17, 2026
What Is P/NAV and Why Does It Matter? Picture a used car dealership for a moment. The cars sitting on