Tanker

DHT sees more reasons to trust a crude oil boom until 2025

Crude oil tanker company DHT is very optimistic about the market, believing that the scrapping of vessels will pick up speed soon. Brokerage firm claims China’s appetite for oil remains unchanged.
The crude oil tanker liner DHT expects a large number of old tankers to be sent for scrapping soon which will contribute to the continued growth of the tanker segment. | Photo: Dht Holding / Pr
The crude oil tanker liner DHT expects a large number of old tankers to be sent for scrapping soon which will contribute to the continued growth of the tanker segment. | Photo: Dht Holding / Pr
by TOMAS KRISTIANSEN, IDHA TOFT VALEUR

The strong tanker market has long kept shipowners from scrapping ships, however, according to Norwegian DHT, it is only a matter of time before the owners start scrapping a good chunk of the fleet.

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