1 September 2026MSI
Middle East tanker spree stokes VLCC glut fears as 2028–2029 deliveries loom
As the boom in the very large crude carrier (VLCC) market has continued this year on the back of the Middle East war, some are raising concerns about a supply glut in the tanker market. According to Maritime Strategies International (MSI) on the 28th August, 177 VLCCs were contracted for new construction worldwide in the … Continue reading Middle East tanker spree stokes VLCC glut fears as 2028–2029 deliveries loom →
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