This is one among several reasons why the market, according to brokerage Simpson Spence Young, faces a challenging year in 2021. Learn more about how Statista can support your business. There’s no question that the geopolitical chaos engulfing the Middle East has helped boost oil tanker rates. (April 21, 2020). Updated on a monthly basis. Learn more. This feature is limited to our corporate solutions. Oil freight rates from the US Gulf Coast for Aframax crude tankers hit a new record this week, according to shipbrokers cited by Reuters, as demand increases for US crude oil … Working off-campus? Oil trader Vitol’s chief executive Russel Hardy estimated the scale of the collapse peaking at between 15m-20m barrels per day during the next few weeks, averaging out to 5m bpd for 2020. Dirty Suezmax Wafr/UKC - 130,000 6 months Clean LR2 MEG/Jap - 75,000. Clean LR1 MEG/Jap - 55,000. "Number of Crude Oil Tankers Worldwide as of April 2020 by Type. Tanker rates have fallen since mid-May because global crude oil production and demand have become more balanced. 6 months Dirty Aframax UKC/UKC - 80,000. Then you can access your favorite statistics via the star in the header. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Angola's oil production in barrels daily 1998-2019, Distribution of global oil production 2010-2019. If you do not receive an email within 10 minutes, your email address may not be registered, Since the end of the prior quarter, rates have increased drastically. Statista. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. In, Argus Media. How to Gain Exposure to Oil Tankers The most popular vessel for long-haul trading and floating storage is the VLCC because it is capable of transporting up to 2M barrels of oil. Daily rates on main tanker routes as compiled by shipbroker Charles R. Weber. That’s amazing, and obviously it only tells part of the story, as 2020 has been such a unique year. Tanker Chartering and Freight Rates - 2020 - Oil and Energy Trends - Wiley Online Library Please check your email for instructions on resetting your password. Clean MR Sing/Jap - 38,000. The British energy giant has managed to charter the oil tanker at the lowest rate of 2020 till now, added the source. 6 months Clean MR UKC/USAC - 37,000. It provides information on oil spills recorded in the last year and an overview of the number and size of oil tanker spills since 1970. Dirty Aframax MEG-East - 80,000. Daily rates for the first quarter averaged $19,307 for its MR tankers. Oil tanker rates are crashing as a pact to limit global crude production begins. "Number of crude oil tankers worldwide as of April 2020 by type." OL TAR SPLL STATSTCS 2020 ITOPF’s annual Oil Tanker Spill Statistics publication presents data on accidental spills of oil from tankers. Then you will be able to mark statistics as favourites and use personal statistics alerts. New, Figures and insights about the advertising and media world, Industry Outlook The oil product tanker fleet saw its highest growth rate in 2010, closely followed by 2016 (both 6.3%). ", Argus Media, Number of crude oil tankers worldwide as of April 2020 by type Statista, https://www.statista.com/statistics/468405/global-oil-tanker-fleet-by-type/ (last visited January 23, 2021), Number of crude oil tankers worldwide as of April 2020 by type, Global oil refinery capacity by region 2017-2040, Main oil producing countries in Africa 2019, Proved crude oil reserves in Africa 2010-2020, Proved crude oil reserves in Africa by main countries 2010-2020, Proved crude oil reserves in Angola 2010-2020, Proved natural gas reserves in Angola 2015-2019, Monthly oil production in Angola 2019-2020, Production of natural gas in Angola 2015-2019, Natural gas production in Angola 2009-2019, Oil refining capacity in Angola 2013-2019, Volume of crude oil refined in Angola 2013-2019, Projected oil refining capacity in Angola, by refinery 2025, Use rate of installed oil refining capacity in Angola 2013-2019, Consumption of refined oil in Angola, by product 2019, Retail prices for fuel in Angola 2020, by type, Main operators of gas stations in Angola 2020, Export volume of crude oil in Angola 2019-2020, Export value of crude oil in Angola 2019-2020, Main destinations of oil crude exports from Angola 2020, Value of crude oil exports from Angola 2020, by main destinations, Export volume of refined oil in Angola 2019-2020, Import volume of refined petroleum products in Angola 2014-2019, Export value of refined oil in Angola 2019-2020, Import value of fuel into Angola 2012-2020, Crude oil production in Angola, by operator 2018, Distribution of crude oil production in Angola, by operator 2018, Total E&P crude oil and natural gas liquids production in Angola 2015-2019, Crude oil and natural gas liquids production of Chevron in Angola 2015-2019, ExxonMobil production of crude oil and natural gas liquids in Angola 2015-2019, Volume of crude oil produced by Sonangol in Angola 2016-2019, Number of tanker ships - OPEC countries 2012-2016, Economic benefits of the Trans Mountain pipeline expansion project 2017, Global number of oil ports by country 2018, Distribution of oil tanker spill causes worldwide 1970-2019, Oil spill volume to number of oil tanker spill incidents ratio worldwide 1970-2019, Tanker fleets of OPEC countries 2012-2016, Total OPEC tanker fleet deadweight tonnage 2009-2016, OPEC share of total global tanker fleet deadweight tonnage 2009-2016, U.S. domestic crude oil refinery receipts by tank railcar 2008-2019, U.S. domestic crude oil refinery receipts by truck 2008-2016, Crude oil stock in offshore fields in the United Kingdom (UK) 2011-2018, Causes of major oil tanker disasters by size 1970-2019, U.S. domestic crude oil refinery receipts by transportation mode 2019, Machine learning maturity in companies 2020, IT services worldwide spending forecast 2015-2020, Smart home video doorbell market size 2018 and 2023, Gross value added from dung in Bihar India FY 2012-2018, Gross value added from grass in Tripura India FY 2012-2018, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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