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International Tankers and Gas VLCC

Tanker newbuild orders hit two-year high

Orders for 16 suezmax tankers, two aframaxes and six medium range units have been signed in the past week at Chinese and South Korean shipyards

  • Analysis

Despite a surge in newbuilding contracts, the orderbook-to-existing-fleet ratio remains at its lowest level since the late 1980s

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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