Tanker Market Outlook 2024. Crude tanker market is expected to tighten during both 2024 and 2025 as the fleet grows slowly. Last summer, opec agreed to extend oil output cuts of 3.66 million.
Lloyd’s list the crude tanker market will achieve cargo volume growth of between 3.5% and 4.5% next year, according to latest bimco forecasts. Continued strength in the fundamentals of the tanker market are seen in the coming year as the sector continues to benefit from geopolitical turbulence and resulting disruption.
Tanker Market Report 8 March 2024.
In summary, the tanker marketโs strong outlook for 2024 and beyond is underpinned by a convergence of factors, including geopolitical shifts, opec policies,.
Get The Most Important Developments In The Global Dirty Tanker Market Including:
With opec+ set to roll over existing production cuts into q2, the case of russia is increasingly more complex.
Marcus Hand | Jul 25, 2023.
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Marcus Hand | Jul 25, 2023.
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โBut The Consequence Will Still.
The product tanker market supply/demand balance should tighten in 2024 but.