Crude Oil Carriers Market Size, Share & Forecast to 2032

The crude oil carriers market is evolving as operators respond to shifting regulatory demands, dynamic trade flows, and technology-driven operational models. Senior leaders must prioritize adaptiveness to ensure commercial viability and compliance amid accelerated industry change.

Market Snapshot: Crude Oil Carriers Market Size and Growth

The crude oil carriers market expanded from USD 234.03 billion in 2025 to USD 243.56 billion in 2026, with projections indicating continued growth at a 4.31% compound annual growth rate, reaching USD 314.47 billion by 2032. This momentum is shaped by the persistent need for secure transportation of crude oil, regulatory influences, and the evolution of global trade patterns. As market activity intensifies, operators must focus on capacity building and enhanced adaptability in response to ongoing energy sector transformation.

Scope & Segmentation of the Crude Oil Carriers Market

Vessel Type: Aframax, Panamax, Suezmax, and VLCC ship classes are each designed for distinct trade routes, allowing operators to align capacity and turnaround with shifting global shipping lanes.
Hull Type: The adoption of double hull vessels is considered essential for meeting modern safety protocols and ensuring vessel longevity, while single hull units increasingly encounter regulatory restrictions and insurance hurdles.
Charter Type: Bareboat, time, and voyage contracts set parameters for risk division, fuel provision responsibilities, and maintenance obligations, impacting both commercial strategy and risk profiles.
Application: Vessels serve both floating storage and direct transport roles; such functional distinctions shape onboard operations, influence cash flows, and guide asset allocation decisions.
Build Type: Fleet composition strategies revolve around weighing the regulatory advantages and efficiency of newbuilds against the cost savings of secondhand ships, with capital access and long-term compliance as critical decision factors.
Regional Analysis: The Americas adapt fleets to fluctuating US shale output and strict port standards; Europe, Middle East, and Africa face heightened regulatory oversight and geopolitical complexity that require robust compliance systems; Asia-Pacific demonstrates diversification in vessel usage due to strong import demand and a wide spectrum of infrastructure, warranting tailored deployment.
Technology Adoption: Integration of digital voyage planning, predictive maintenance, and retrofitting for efficiency gains is reshaping operational best practice and helping operators achieve readiness for tightening compliance regulations.

Key Takeaways for Senior Decision-Makers

Recent increases in compliance requirements, especially for emissions and safety, are driving accelerated schedules for vessel retrofits and requiring capital allocation to compliant technologies.
Expanded digitalization initiatives, including advanced fleet analytics, are driving down operating costs through better fuel consumption management and improved maintenance scheduling.
Charter contracts are increasingly performance-linked, featuring enhanced transparency, real-time reporting, and collaborative risk controls that support alignment with evolving client needs.
Regional nuances demand strategic adaptation in fleet management and compliance processes; targeted investments ensure competitiveness amidst diverse market environments.
Enhanced investor and insurer focus on sustainability and governance standards means organizational systems must provide transparent reporting and robust risk management.
Building asset resilience involves dynamic fleet structuring, flexible contracting approaches, and active partnerships across industry to support fuel innovation and operational improvements.

Tariff Impact: Navigating Policy Risks and Trade Diversion

United States tariffs imposed in 2025 have intensified policy risk and altered traditional trade routes within the crude oil carriers sector. This disruption necessitates vessel redeployment, renegotiation of charter terms, and adoption of scenario-based planning to counteract increased counterpart risk. Operators are prioritizing agility and strategic repositioning to withstand tariff-driven volatility and protect market share.

Methodology & Data Sources

This analysis uses a multi-method framework that brings together insights from industry expert interviews, tracking of global fleet movements, regulatory reviews, and targeted case studies. Data points are triangulated to guarantee validity and reflect the latest sector practices and policy shifts impacting crude oil carriers.

Why This Report Matters

Equips executive teams with segmentation data and operational benchmarks to refine asset utilization and align with the latest regulatory expectations for the crude oil carriers market.
Provides actionable insight for digital transformation strategies, supporting technology investments and scenario-based capital allocation.
Enables risk management and fleet optimization through practical guidance on adapting to evolving compliance standards and dynamic trade environments.

Conclusion

Sustained growth and transformation in the crude oil carriers sector demand focused investment in efficiencies, adaptive contracting, and collaboration around new fuel technologies. Leaders who proactively strengthen resilience will be best placed to navigate evolving market pressures and safeguard long-term operational stability.

Additional Product Information:

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1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Crude Oil Carriers Market, by Vessel Type

8.1. Aframax
8.2. Panamax
8.3. Suezmax
8.4. VLCC

9. Crude Oil Carriers Market, by Hull Type

9.1. Double Hull
9.2. Single Hull

10. Crude Oil Carriers Market, by Charter Type

10.1. Bareboat Charter
10.2. Time Charter
10.3. Voyage Charter

11. Crude Oil Carriers Market, by Application

11.1. Floating Storage
11.2. Transportation

12. Crude Oil Carriers Market, by Build Type

12.1. Newbuild
12.2. Secondhand

13. Crude Oil Carriers Market, by Region

13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Crude Oil Carriers Market, by Group

14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Crude Oil Carriers Market, by Country

15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Crude Oil Carriers Market
17. China Crude Oil Carriers Market

18. Competitive Landscape

18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Angelicoussis Shipping Group Ltd.
18.6. China COSCO Shipping Energy Transportation Co., Ltd.
18.7. China Merchants Group Ltd.
18.8. DHT Holdings Inc.
18.9. Euronav NV
18.10. Frontline Ltd.
18.11. Minerva Marine Inc.
18.12. Mitsui O.S.K. Lines, Ltd.
18.13. National Iranian Tanker Company
18.14. SFL Corporation Ltd.
18.15. Teekay Corporation
18.16. The National Shipping Company of Saudi Arabia
18.17. Tsakos Energy Navigation Ltd.

List of Figures

FIGURE 1. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL CRUDE OIL CARRIERS MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL CRUDE OIL CARRIERS MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA CRUDE OIL CARRIERS MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY AFRAMAX, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY AFRAMAX, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY AFRAMAX, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY PANAMAX, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY PANAMAX, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY PANAMAX, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SUEZMAX, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SUEZMAX, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SUEZMAX, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VLCC, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VLCC, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VLCC, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY DOUBLE HULL, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY DOUBLE HULL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY DOUBLE HULL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SINGLE HULL, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SINGLE HULL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SINGLE HULL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY BAREBOAT CHARTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY BAREBOAT CHARTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY BAREBOAT CHARTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY TIME CHARTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY TIME CHARTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY TIME CHARTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VOYAGE CHARTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VOYAGE CHARTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY VOYAGE CHARTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY FLOATING STORAGE, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY FLOATING STORAGE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY FLOATING STORAGE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY TRANSPORTATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY TRANSPORTATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY TRANSPORTATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY NEWBUILD, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY NEWBUILD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY NEWBUILD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SECONDHAND, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SECONDHAND, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY SECONDHAND, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 47. AMERICAS CRUDE OIL CARRIERS MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 48. AMERICAS CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 49. AMERICAS CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 50. AMERICAS CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 51. AMERICAS CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 52. AMERICAS CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 53. NORTH AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 54. NORTH AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 55. NORTH AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 56. NORTH AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 57. NORTH AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 58. NORTH AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 59. LATIN AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. LATIN AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 61. LATIN AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 62. LATIN AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 63. LATIN AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 64. LATIN AMERICA CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 65. EUROPE, MIDDLE EAST & AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 66. EUROPE, MIDDLE EAST & AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 67. EUROPE, MIDDLE EAST & AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 68. EUROPE, MIDDLE EAST & AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 69. EUROPE, MIDDLE EAST & AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 70. EUROPE, MIDDLE EAST & AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 71. EUROPE CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 72. EUROPE CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 73. EUROPE CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 74. EUROPE CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 75. EUROPE CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 76. EUROPE CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 77. MIDDLE EAST CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 78. MIDDLE EAST CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 79. MIDDLE EAST CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 80. MIDDLE EAST CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 81. MIDDLE EAST CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 82. MIDDLE EAST CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 83. AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 84. AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 85. AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 86. AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 87. AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 88. AFRICA CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 89. ASIA-PACIFIC CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 90. ASIA-PACIFIC CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 91. ASIA-PACIFIC CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 92. ASIA-PACIFIC CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 93. ASIA-PACIFIC CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 94. ASIA-PACIFIC CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 95. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 96. ASEAN CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 97. ASEAN CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 98. ASEAN CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 99. ASEAN CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 100. ASEAN CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 101. ASEAN CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 102. GCC CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 103. GCC CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 104. GCC CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 105. GCC CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 106. GCC CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 107. GCC CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 108. EUROPEAN UNION CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 109. EUROPEAN UNION CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 110. EUROPEAN UNION CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 111. EUROPEAN UNION CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 112. EUROPEAN UNION CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 113. EUROPEAN UNION CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 114. BRICS CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 115. BRICS CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 116. BRICS CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 117. BRICS CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 118. BRICS CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 119. BRICS CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 120. G7 CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 121. G7 CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 122. G7 CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 123. G7 CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 124. G7 CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 125. G7 CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 126. NATO CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 127. NATO CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 128. NATO CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 129. NATO CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 130. NATO CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 131. NATO CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 132. GLOBAL CRUDE OIL CARRIERS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 134. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 135. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 136. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 137. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 138. UNITED STATES CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)
TABLE 139. CHINA CRUDE OIL CARRIERS MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 140. CHINA CRUDE OIL CARRIERS MARKET SIZE, BY VESSEL TYPE, 2018-2032 (USD MILLION)
TABLE 141. CHINA CRUDE OIL CARRIERS MARKET SIZE, BY HULL TYPE, 2018-2032 (USD MILLION)
TABLE 142. CHINA CRUDE OIL CARRIERS MARKET SIZE, BY CHARTER TYPE, 2018-2032 (USD MILLION)
TABLE 143. CHINA CRUDE OIL CARRIERS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 144. CHINA CRUDE OIL CARRIERS MARKET SIZE, BY BUILD TYPE, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Crude Oil Carriers market report include:

Angelicoussis Shipping Group Ltd.
China COSCO Shipping Energy Transportation Co., Ltd.
China Merchants Group Ltd.
DHT Holdings Inc.
Euronav NV
Frontline Ltd.
Minerva Marine Inc.
Mitsui O.S.K. Lines, Ltd.
National Iranian Tanker Company
SFL Corporation Ltd.
Teekay Corporation
The National Shipping Company of Saudi Arabia
Tsakos Energy Navigation Ltd.

Table Information

Report Attribute	Details
No. of Pages	186
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 243.56 Billion
Forecasted Market Value ( USD ) by 2032	$ 314.47 Billion
Compound Annual Growth Rate	4.3%
Regions Covered	Global
No. of Companies Mentioned	14

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3439EUR$3,939USD£2,978GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3710EUR$4,249USD£3,212GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5028EUR$5,759USD£4,353GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6085EUR$6,969USD£5,268GBP

Crude Oil Carriers Market - Global Forecast 2026-2032

Market Snapshot: Crude Oil Carriers Market Size and Growth

Scope & Segmentation of the Crude Oil Carriers Market

Key Takeaways for Senior Decision-Makers

Tariff Impact: Navigating Policy Risks and Trade Diversion

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Market Snapshot: Crude Oil Carriers Market Size and Growth

Scope & Segmentation of the Crude Oil Carriers Market

Key Takeaways for Senior Decision-Makers

Tariff Impact: Navigating Policy Risks and Trade Diversion

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

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About the Crude Oil Carriers Market