Supertanker Gulf-to-China Charter Hits $76 Million, 10x Pre-War

“That's ten times the pre-war level, because the Persian Gulf war has left a shortage of available tankers.” — Hank Ledger, on air

On air: Hank Ledger, Vera Bullock and Dale Bearman on The Recap
Published 6:45 PM ET, Wednesday, October 7, 2026

At a glance

First reported by CNBC: “Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level”.
Covered on BBN on Wednesday, October 7, 2026, at 6:45 PM ET on The Recap, by Hank Ledger, Vera Bullock and Dale Bearman.
Topics: Gulf Coast, China.
BBN covered this story before: Supertanker Charter Hits $76 Million, 10x Pre-War Rate (October 7).

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

CNBCSupertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level

Hank Ledger · Lead AnchorCNBC reports a supertanker was chartered from the Gulf Coast to China for seventy-six million dollars.
Hank Ledger · Lead AnchorThat's ten times the pre-war level, because the Persian Gulf war has left a shortage of available tankers.
Vera Bullock · Co-AnchorTen times! That's not a shipping cost, that's a gift from God with a hull.
Vera Bullock · Co-AnchorSomebody's tanker owner just bought a second yacht to park next to his first yacht.
Dale Bearman · Chief Skeptic & ContributorIt's the oil supply chain gasping, Vera. Freight is the canary, and the canary just invoiced us seventy-six million dollars. I'm thrilled. Professionally.
Hank Ledger · Lead AnchorFor markets, that means higher delivered energy costs, which is awkward with oil at eighty-nine dollars and the Dow down point six six percent.
Vera Bullock · Co-AnchorDale, you could charter a tanker for your bunker tea and it would still be cheaper than your therapy. Hank, your beans ship by rowboat.