Crude Oil Carriers Market is set to Fly High in Years to Come| AET Tankers, Euronav, Frontline

The latest study released on the global 'Crude Oil Carriers' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Crude Oil Carriers' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Hyundai Samho Heavy Industries (South Korea), Dynacom Tankers Management Ltd. (Greece), AET Tankers (Singapore), Euronav (Belgium), Frontline Ltd. (Bermuda), Maran Tankers Management (Greece), Mitsui O.S.K. Lines, Ltd. (Japan), National Iranian Tanker Company (Iran), Nippon Kabushiki Kaisha (Japan), Ocean Tankers Pte Ltd (Singapore), Oman Shipping Company SAOC (Oman), Overseas Shipholding Group, Inc. (United States), Abu Dhabi National Oil Company (UAE), Sovcomflot (Russia)
Crude oil carriers are the oil tankers for the transportation of oil and it generally carries one cargo at once. Crude oil varieties like gasoline, diesel, etc are included, it comes naturally from different fields and reservoirs. The oil carriers range from largest to ultra-large carrier it consists of VLCC/ULCC, Suezmax, Aframax, and Panamax. These can carry from 55,000 DWT to 440,000 DWT. The small crude oil carrier ranges from 10,000 DWT to 80,000 DWT.

On 25th February 2021, ADNOC Logistics & Services the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), announced the acquisition of six Very Large Crude Carriers (VLCCs). Two VLCCs have already been deployed into the company’s fleet. ADNOC L&S has placed an order for three newbuild vessels with options, which will be delivered in 2022 and 2023, and purchased one additional existing vessel that will be joining its fleet shortly. These vessels are the first crude carriers to join the ADNOC L&S fleet, adding a total cargo capacity of 12 million barrels.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Crude Oil Carriers Market various segments and emerging territory.

Influencing Market Trend
• Price Fluctuations in the Oil and Gas Market
• Increasing Utilization of Ultra Large Crude Oil Carriers
Market Drivers
• Growing Oil and Refinery Industry
• Demand for the Crude Oil and Requirement of Transportation of Extracted Oil to the Processing Units
Opportunities:
• Growing Import and Export Activities of Crude Oil will Boost the Crude Oil Carriers Market
• Surging Governmental Projects on Crude Oil Transporatation System
Challenges:
• Environmental Concerns Associated with the Crude Oil Carriers

Analysis by Type (VLCC/ULCC, Suezmax, Aframax, Panamax), Application (Rigs, Refineries, Others), Crude Oil (Gasoline, Diesel, Others)

Have Any Questions Regarding Global Crude Oil Carriers Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/100583-global-crude-oil-carriers-market?utm_source=OpenPR/utm_medium=Rahul

The regional analysis of Global Crude Oil Carriers Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

"According to MARPOL regulation 13G (regulation 21 in the revised Annex I which entered into force on 1 January 2007) also allows for the continued operation of oil tankers of 5,000 tons dwt and above, carrying crude oil with a density at 15ºC higher than 900 kg/ m3 but lower than 945 kg/ m3, if satisfactory results of the Condition Assessment Scheme warrant that, in the opinion of the Administration, the ship is fit to continue such operation, having regard to the size, age, operational area and structural conditions of the ship and provided that the continued operation shall not go beyond the date on which the ship reaches 25 years after the date of its delivery."

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/100583-global-crude-oil-carriers-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Crude Oil Carriers market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Crude Oil Carriers market.

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This release was published on openPR.