Asia Sea Robbery Incidents Trend Lower

A TOTAL of 40 dirty tankers are expected to leave the global trading fleet this year, to be sold for demolition, according to McQuilling Services.

News ID: 72908

Date: 10 March 2017 - 13:34

According to MANA, his “accelerated deletion profile” for dirty tankers starting this year is expected to last to 2021, said McQuilling Services marine transport specialist Alison Omelio.
The exits may offset the impact of new ships entering the fleet and potentially support freight rates, said Ms Omelio on McQuilling TV this week.
Of the 40 dirty tanker deletions, aframaxes will account for the highest segment at 17.
Some 175 new dirty tankers are expected to join the global trading fleet this year, according to McQuilling. Out of these, 53 will be very large crude carriers, 75 suezmaxes, 41 aframaxes and six panamaxes.
For clean tankers, some 96 new ships are expected to be delivered this year, including 40 LR2s.