Tanker sector facing looming shortage, warns Gibson
Newbuilding supply is nowhere close to offsetting the number of vessels at, or approaching, their natural retirement age over the next four to five years
Year-to-date orders for aframaxes and long range twos are at their highest since 2017. There have also been a few orders for handy size and long range one tankers, following years of marginal to non-existent investment, Gibson noted
If content does not display, please refresh your browser.