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 conditions in the tanker segment point toward declining earnings in 2026 for the shipping industry in general.