Gosships Intelligence

Gosships Intelligence

Zodiac Maritime's $1.6 Billion Fleet Gamble: Eyal Ofer Doubles Down on VLCCs

Zodiac Maritime's $1.6B tanker play could be genius or madness. VLCCs at peak rates, ships delivering in 2029.

Gosships's avatar
Gosships
Mar 04, 2026
∙ Paid

When do you double down on the riskiest bet in shipping? When you're Eyal Ofer, apparently. Zodiac Maritime just committed to one of the most aggressive tanker expansion plays we've seen in years, and the timing is either genius or completely unhinged.

The Deal That's Making Industry Insiders Nervous

We're talking about a $1.6 billion order—four very larg…

User's avatar

Continue reading this post for free, courtesy of Gosships.

Or purchase a paid subscription.
© 2026 Gosships LLC · Publisher Privacy ∙ Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture