Not Logged In, Login,

Saturday, January 20, 2018

15.4% OF THE TANKER FLEET NOW ON ORDER

At the beginning of August 2000 the tanker orderbook was 44.5 million dwt up from 40.9 million dwt at the beginning of the year.

The increase in orders has been for Aframax (10.5% of fleet), Suezmax (21.2% of fleet) and VLCCs (19.4% of fleet), totally 15.4% of the fleet is on order.

During the last week the tanker freight rates have dropped from peak levels. A table of daily tanker freight rates for selected trades is found on our home page, or see the graph on the INTERTANKO tanker market pages on our members' area.