Home Icon > About Us > News > Contracting Of Product Tankers Jump 337% In The First Half Of 2023

Contracting Of Product Tankers Jump 337% In The First Half Of 2023

The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year. A spike in freight rates and product tanker demand is likely behind the surge in contracting. By June 2023, product ...

WP_Post Object ( [ID] => 292834 [post_author] => 98 [post_date] => 2023-07-26 21:00:58 [post_date_gmt] => 2023-07-26 21:00:58 [post_content] => The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year. A spike in freight rates and product tanker demand is likely behind the surge in contracting. By June 2023, product ... [post_title] => Contracting Of Product Tankers Jump 337% In The First Half Of 2023 [post_excerpt] => The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year. A spike in freight rates and product tanker demand is likely... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => contracting-of-product-tankers-jump-337-in-the-first-half-of-2023 [to_ping] => [pinged] => [post_modified] => 2023-07-26 21:00:58 [post_modified_gmt] => 2023-07-26 21:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=995302 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )