What the price cap did to old tanker values

Splash · Splash 247 · 2026-09-03

Simon Lunde and Fredrick Henriksen of BI Norwegian Business School went looking for the G7 price cap in the secondhand market rather than in trade flows. What they found was not a crude-only break, but a broad re-rating of shipping with a sanctions gradient running through it, steepest in the tonnage the shadow trade runs …

Source: Splash 247 — read the full report

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