Tag Archive For "Tanker"
Cruise Sector Represents Majority of $116.5 Bn US Fleet
To mark the start of 2025 Marine Money Week in New York, we take an in-depth look, using VesselsValue data, at the US fleet—broken down by vessel type, the top 10 shipowning nations, and the current market value of all vessels types versus the historic median. By beneficial owner country, China retains the top spot …
A Potential War with Iran and the Impact on Trade
A wider conflict with Iran would be negative for most types of ships and for the oil markets in general. Fewer ships will transit the Straits of Hormuz. The following analysis focuses on VLCCs, which lift most of the crude cargo volumes out of the Arabian Gulf. A Look at History In the tanker war …