Orders for tankers at highest level in eight years

The number of orders for tankers was the highest in the first quarter of this year since before the financial crisis in the first part of 2007. The high number is especially due to several bulk shipowners converting their dry bulk vessels to tankers, according to a report from shipbroker Gibson.

Optimism in the tanker market shows itself in the number of orders for new tankers, which in the first quarter of this year reached a total of 84 vessels. This is the highest number of orders in one quarter since 2007, as calculated by the shipbroker Gibson, according to Hellenic Shipping News.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading