Challenging Times for Tanker Owners

By |2018-01-10T16:11:20+00:00January 10th, 2018|International|

According to Gibson Shipbrokers, 2018 may be a very busy year, perhaps the busiest since 2010 when it comes to deliveries. For 2018, 40 million dwt of crude and product tankers (over 25,000 dwt) are expected to be delivered, compared to the 35.5 million of 2017. U.S. crude production is expected to average 775,000 b/d higher