Tanker

Nearly one in five supertankers are currently inactive

Nearly one in five VLCCs are currently inactive, either because they function as floating storage or due to congestion in ports. So why are freight rates so low, if a large part of the global fleet is idle? Clarksons Platou calls it worrisome.
Photo: PR / DHT Holdings
Photo: PR / DHT Holdings
by TOMAS KRISTIANSEN

18.3 percent of the global VLCC fleet, or nearly one in five of the large supertankers, are currently inactive, reveals a calculation made by Clarksons Platou.

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