According to ship broker Gibson, in addition to MR oil tankers (ship-type shipyards), after a limited period of growth of other tankers, the tanker fleet has increased by 203 in the past year, totaling 21.9 million dwt.
In the period of low oil prices, the oil tanker market is strong, which means that the profitability is further improved, and the shipowners have hardly scrapped any fuel-efficient tankers. As environmentally friendly tankers no longer have obvious advantages, only 34 tankers have been dismantled in the past year, equivalent to 2.5 million deadweight tons.
    Gibson statistics, although many ship owners are evading Tier III environmental regulations that are about to take effect in the United States, in the past year, shipowners have ordered a total of 366 oil tankers, of which 218 were ordered in the second half of the year.
    Since June 2014, the price of new tankers has also slowed down, but in the fourth quarter of 2015 there was a slight rebound. Although the shipyard is still taking orders, the emergence of a large number of tanker orders has caused the price of new ships to fall again, and the pressure on the shipyards is increasing.
    In addition, as the shipping market remains sluggish and a large number of tanker orders are scheduled to be delivered between 2016 and 2017, these orders are also facing financing difficulties.
    In the first half of this year, the delivery of new tankers was 13 million deadweight tons, while the delivery of oil tankers in 2015 was only 17 million deadweight tons. Although most tanker owners have achieved higher profits in the past two years, this year, the price of used tankers has also begun to face downward pressure. According to the current growth rate of new ship delivery, it is expected that the oil tanker market in the second half of this year will remain challenging.
    Gibson said: "Despite the recent downturn in the crude oil ship market, most shipowners still have strong earnings this year, but the performance of the refined oil tankers (ship-type shipyards) has remained poor for the past six months. Of course, the current oil tanker market is still healthy. They are in the hands of oil traders and they decide on future production, but we still need to pay attention to the order volume and hope to be cautious about new ship orders."
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