Report points to strong profitability in tankers through 2025

Fewer ships and surging demand for seaborne oil transportation creates good prospects for owners and carriers in both crude oil and product tankers, writes Bimco.
Both crude oil and product tankers will benefit from a limited fleet in the coming years, according to Bimco. | Photo: Uncredited/AP/Ritzau Scanpix
Both crude oil and product tankers will benefit from a limited fleet in the coming years, according to Bimco. | Photo: Uncredited/AP/Ritzau Scanpix

The tanker market has cooled slightly during 2023, but the outlook is still positive for the next few years.

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