- The VLCC market is seeing an increase in the nominal fleet size, but the effective capacity is growing at a slower rate due to older vessels being less efficient and many operating well beyond their typical lifespan.
- The rise of the “dark fleet,” where older ships are used in less regulated trades, is also contributing to fewer ship retirements, further hindering the fleet’s efficiency.
- Despite the expected delivery of 68 new VLCCs in the coming years, the ageing fleet will continue to...
https://mfame.guru/aging-vlcc-fleet-shaping-market-trends/