Context
The other vessel, scheduled for delivery in October, cost $169 million. In general, the cost of tankers increased by a third compared to the same period last year.
The cost of used oil supertankers for the first time in the history of observations of brokers exceeded the cost of new vessels, at a time when shipowners are in a hurry to take advantage of high freight rates in the Persian Gulf. — Ukrinform.

Prices for 5- and 10-year-old tankers have skyrocketed and deals are closing in days, not weeks, as brokers rush to book the very first available tankers, it said.
According to the publication, the increase in ship prices is due to record freight rates on the route from the Middle East to Asia for the so-called VLCCs (supertankers with a capacity of about 2 million barrels of oil), which reached $1.2 million per day.
One of the ship brokers specializing in operations with supertankers called the market situation "crazy".
He added that over the past week, several vessels built before 2016 were sold at a price of $150 million or more, while the average cost of new vessels is $135 million.
"In 50 years, we will remember 2026. I do not think that I will see such a market in my lifetime. It's a once-in-a-generation event, ”said Alexander Saveris, CEO of Belgian shipping company CMB Tech, which operates several vessels on the Middle East route.
The other vessel, scheduled for delivery in October, cost $169 million. In general, the cost of tankers increased by a third compared to the same period last year.