Watching the World Million-barrel tankers an endangered species

The million-barrel tanker is in danger of being squeezed out of the crude oil transport market through a combination of bigger competitors and tightening pollution regulations. This is the view of Drewry Shipping Consultants Ltd., London, which sees future crude oil trade dominated by very large crude carriers (VLCCs) and comparatively small Aframax class tankers. VLCCs are larger than 200,000 dwt, while Aframax tankers are defined as vessels of 60,000-100,000 dwt. John Harris, senior consultant at Drewry, explained that a Suezmax tanker is typically 140,000-150,000 dwt. "The Suezmax class was developed as the largest fully laden tanker that can pass through the Suez Canal," said H...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected