Market Cycle Indicator

"You Are Here" - Supply-Driven Cycle Positioning (Q1 2026 baseline — VLCC)

Market Inputs

Spot TC Rate ($/day)

Q1 2026 normalized (~$80-104k OET fixed)

1-Year TC ($/day)

Period charter

Long-Run Mean ($/day)

Historical long-run mean ~$40k (Stopford)

Supply Signals

Orderbook (% fleet)

VLCC 2026: ~18.5% (Clarksons)

NB Orders (TTM)

2025 heavy ordering

5yr VLCC Price ($M)

5yr VLCC

NB Price ($M)

VLCC newbuild

Deliveries 24m (%)

2026+2027: ~3.4%+6.8% = 10.2%

Disclaimer: This tool is for informational purposes only and does not constitute investment advice. Historical patterns do not guarantee future outcomes. All investment decisions remain your responsibility.

© 2026 TankerCompass · Professional Analytics for Tanker Market Intelligence