Orderbook Or “Orderboom”?

Nov 7th 2025:Is the orderbook getting too high? The tanker market has been on a roll in the last few months due to a combination of factors. Increased sanctions (enforcement), resilient oil demand, partly due to stock building in China, and growing OPEC+ supply all contributed to create a rate environment we have not seen since the freight rate boom in the early days of the pandemic. Very limited fleet supply growth, both in 2024 and 2025 has contributed as well. A tightening supply-demand balance has made the freight market more susceptible to small changes in ton-mile demand. The strong cashflows that are being generated in the current freight market has given owners added confidence to look at fleet growth and renewal. In this Tanker Opinion, we will review existing ordering trends to see how they compare to developments in the past. The objective is to determine if current ordering b Please fill in below form to continue read.