Record high crude oil tanker deliveries adds instant freight rate pressure
02 February 2017January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth.
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January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth.
For tankers, it feels like every other shipping sector has experienced some form of super cycle over the past 12-18 months. Whilst tanker owners witnessed record low earnings, rates in the container and LNG sectors soared to record highs. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.
Read the latest digest of maritime security incidents.