Athenian Victory, a 318,000-dwt GL-classed VLCC built by Hyundai Heavy, image via GL Group
Jan. 18 (Bloomberg) — The total number of new vessels joining the global fleet this year is expected to be as much as 220, about the same as 2012 deliveries, according to London-based shipbroker E.A. Gibson.
As many as 40 very large crude carriers are expected to join the fleet in 2013, down from 49 deliveries last year, Gibson said in an e-mailed report today. As many as 90 medium-range tankers will be delivered this year, up from 61 in 2012, as orders for new ships increased during the last 18 months, according to Gibson.
The influx of new oil tankers entering the global fleet declined 24 percent last year as 215 new tankers were delivered, down from 282 in 2011, Gibson said. About 60 VLCCs and 90 Medium Range tankers joined the fleet in 2011, the shipbroker said. A VLCC can haul 2 million barrels of crude. A Medium Range tanker is able to ship about 315,000 barrels of refined oil-product, including gasoline and diesel.
President Donald Trump said Tuesday he has directed the U.S. government to provide political risk insurance and financial guarantees for maritime trade transiting the Persian Gulf, while signaling that U.S....
A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect American oil next month.
VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the 2011-built DHT Redwood — one of the highest publicly disclosed fixtures of...
February 24, 2026
Total Views: 968
Get The Industry’s Go-To News
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
— just like 107,418 professionals
Secure Your Spot
on the gCaptain Crew
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
— trusted by our 107,418 members
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.