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Saturday, November 17, 2018

INTERTANKO celebrates its own second millennium ahead of time-

With the recent acceptance of Consultores de Navegacion SA of Spain as a new member of the International Association of Independent Tanker Owners (INTERTANKO), the number of tankers in the membership fleet has passed the 2,000 mark for the first time in the Association¹s history. The addition of the product tankers in the Consultores de Navegacion fleet brings the total INTERTANKO fleet to 2,007 tankers with an aggregate tonnage of 170 million dwt. This is equivalent to 74 per cent of independently owned tanker tonnage worldwide. The INTERTANKO fleet has grown by 100 ships in the past year and 300 in the past three years.

INTERTANKO has members in 43 countries, reflecting the global spread of the tanker industry and of the Association¹s activities. There is also a diverse range of tanker types in the membership fleet. There are now only 210 very large crude carriers (VLCCs), a ship type which predominated over a decade ago, whereas the number of tankers of below 20,000 dwt has increased to over 400. The sector which has expanded most rapidly in recent years is chemical tankers - there are now 400 such ships in the INTERTANKO membership fleet.

The following table provides a breakdown of the top ten nations within the INTERTANKO membership, according to number of tankers belonging to owners/managers based in that country. Greek owners, with 359 tankers or 18 per cent of INTERTANKO fleet, represent the largest contingent within the Association¹s membership.

Country Number
1. Greece 359
2. Norway 238
3. Japan 135
4. U.S.A 130
5. Cyprus 111
6. Singapore 101
7. Russia 96
8. Luxembourg 83
9. Sweden 83
10. Germany 58
Others 613
Total 2007