The supply of oil tankers will exceed global demand for product and crude oil tankers in 2026, putting pressure on rates and earnings for the world’s tanker shipowners.
This is the prediction from the analytics firm Clarksons Research, according to TradeWinds, in a new forecast for the tanker market.
Clarksons believes that the fundamental market...
Analysis warns of downturn for tanker companies in 2026
The strong start to the year for the tanker companies will not last, according to Clarksons Research, which in a new analysis predicts a growing imbalance in 2026 between ship supply and demand
Scorpio Tankers, along with Danish companies Torm, Hafnia, and Maersk Tankers, are among the world’s largest operators of product tankers – here an LR2 tanker – which transport refined oil products such as gasoline, diesel, kerosene, and jet fuel over long distances from refineries in places like the Middle East to customers in, for example, China and Europe. Photo: Scopio Tankers
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