Seatrade Maritime News: VLCCs set to lead positive tanker market development
August 25, 2025
Only one VLCC was delivered last year and just six new units will have joined the fleet by the end of this year, according to figures from New York-based shipbroker, Poten.
Meanwhile demand for long-haul tanker transport is climbing. OPEC+ is aggressively rolling back production cuts, Poten notes, while several US trading partners in Asia and Europe have committed to buying more crude oil from the US Gulf. For buyers in Asia, this will translate into VLCC demand.
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