- Alphatanker predicts 25 tankers in this year’s orderbook will be delayed to 2021.
- Absolute tanker deliveries are likely to total just 171 ships this year, the lowest level since 2014.
- Some 12.6% of this year’s deliveries are expected to be delayed, up from 8.6% last year.
Based on Alphatanker estimate, the number of tankers added to the global fleet has dropped to the lowest level in six years in 2020, reports Ship & Bunker.
Tanker deliveries drop
Absolute tanker deliveries are likely to total just 171 ships this year, the lowest level since 2014, Alphatanker said in a monthly newsletter this week. Some 12.6% of this year’s deliveries are expected to be delayed, up from 8.6% last year.
“This difference can be attributed to the significant change in tanker market conditions between then and now,” Alphatanker said.
Multi-year lows
While 4Q19 was characterized by hire rates for many tankers surging to multi-year highs, this year is characterized by many hire rates, especially for crude tankers, now plumbing multi-year lows.
Alphaliner added, “Indeed, few owners are hurrying to launch their new tankers against the backdrop of such dire returns.”
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Source: Ship & Bunker
