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You are here: Home → Archive → 2009 → June → Weekly Edition 25th of June 2009 → Crude tankers keep trading through slump

Crude tankers keep trading through slump

by Michelle Wiese Bockmann, London — last modified Jun 25, 2009 04:19 PM

DESPITE the recent rates slump, fewer crude oil tankers are without employment than any other vessel type in the global merchant fleet.

Latest figures from Lloyd’s Marine Intelligence Unit (MIU) has revealed that 70 crude oil tankers above 10,000 dwt are classified as inactive, from the global fleet of 1,838.
This level equates to 9.7m dwt, or 3.8% of the world...

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