Oil Tanker Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chart courtesy BIMCO
In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues for the rest of the year, an 11-year record is set to be broken.
This according to a report out today from BIMCO, which shows that so far this year, 10 crude oil and 38 oil product tankers have left the active trading fleet and the development in crude oil tanker demolition and that of oil product tankers continues to head in different directions. Crude oil cargo carrying capacity of just 1.45 million (m) DWT has left the market since the start of the year compared to 1.25m DWT of oil product tankers. ....

Peter Sand , Oil Tanker Sector , Crude Oil Tanker , Floating Storage Offloading , Top Dollar , Light Displacement Tonnage , பீட்டர் மணல் , கச்சா எண்ணெய் டேங்கர் , மிதக்கும் சேமிப்பு ஆஃப்லோடிங் , மேல் டாலர் ,