<p>The VLCC newbuilding market has entered historic territory, with ordering across the final quarter of 2025 and the opening quarter of 2026 already surpassing the highest full-year total ever recorded. The orderbook-to-fleet ratio has climbed from 10% to 26% in just 15 months, having been as low as approximately 1% in mid-2023, according to broker &#8230;</p> </p><p><p>https://splash247.com/vlcc-newbuild-bonanza-smashes-two-decade-old-annual-record-in-just-six-months/</p></p>