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Tanker Shipping Market 2025-2029- Product Image
Tanker Shipping Market 2025-2029- Product Image
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Tanker Shipping Market 2025-2029

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    Report

  • 231 Pages
  • June 2025
  • Region: Global
  • TechNavio
  • ID: 5575506
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The tanker shipping market is forecasted to grow by USD 19.95 billion during 2024-2029, accelerating at a CAGR of 8.9% during the forecast period. The report on the tanker shipping market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global oil and gas demand, geopolitical developments, and tonne-mile demand growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The tanker shipping market is segmented as below:

By Type

  • Oil tankers
  • Liquid gas tankers
  • Chemical tankers

By Mode Of Transportation

  • Deep sea
  • Coastal
  • Inland

By Product Type

  • VLCC and ULCC
  • Suezmax
  • Aframax
  • Others

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the shift toward sustainability as one of the prime reasons driving the tanker shipping market growth during the next few years. Also, increasing number of mergers and acquisitions and focus on fleet capacity expansion will lead to sizable demand in the market.

The report on the tanker shipping market covers the following areas:

  • Tanker Shipping Market sizing
  • Tanker Shipping Market forecast
  • Tanker Shipping Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tanker shipping market vendors that include Bahri, BW Group, CMB.TECH NV, COSCO Shipping Ports Ltd., DHT Holdings Inc., Eastern Pacific Shipping, Frontline plc, IINO Kaiun Kaisha Ltd., INTERNATIONAL SEAWAYS INC., MAERSK TANKERS AS, Mitsui O.S.K. Lines Ltd., Navios Maritime Holdings Inc., Odfjell SE, Scorpio Tankers Inc., SFL Corp. Ltd., Stolt Nielsen Ltd., Teekay Corp., TORM plc, and Tsakos Energy Navigation Ltd. Also, the tanker shipping market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Mode of Transportation
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Tanker Shipping Market 2019 - 2023
Historic Market Size - Data Table on Global Tanker Shipping Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Mode of Transportation segment analysis 2019 - 2023
Historic Market Size - Mode of Transportation Segment 2019 - 2023 ($ million)
5.4 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact Analysis of U.S. Tariffs on Global Tanker Shipping Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Oil tankers - Market size and forecast 2024-2029
Chart on Oil tankers - Market size and forecast 2024-2029 ($ million)
Data Table on Oil tankers - Market size and forecast 2024-2029 ($ million)
Chart on Oil tankers - Year-over-year growth 2024-2029 (%)
Data Table on Oil tankers - Year-over-year growth 2024-2029 (%)
8.4 Liquid gas tankers - Market size and forecast 2024-2029
Chart on Liquid gas tankers - Market size and forecast 2024-2029 ($ million)
Data Table on Liquid gas tankers - Market size and forecast 2024-2029 ($ million)
Chart on Liquid gas tankers - Year-over-year growth 2024-2029 (%)
Data Table on Liquid gas tankers - Year-over-year growth 2024-2029 (%)
8.5 Chemical tankers - Market size and forecast 2024-2029
Chart on Chemical tankers - Market size and forecast 2024-2029 ($ million)
Data Table on Chemical tankers - Market size and forecast 2024-2029 ($ million)
Chart on Chemical tankers - Year-over-year growth 2024-2029 (%)
Data Table on Chemical tankers - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Mode of Transportation
9.1 Market segments
Chart on Mode of Transportation - Market share 2024-2029 (%)
Data Table on Mode of Transportation - Market share 2024-2029 (%)
9.2 Comparison by Mode of Transportation
Chart on Comparison by Mode of Transportation
Data Table on Comparison by Mode of Transportation
9.3 Deep sea - Market size and forecast 2024-2029
Chart on Deep sea - Market size and forecast 2024-2029 ($ million)
Data Table on Deep sea - Market size and forecast 2024-2029 ($ million)
Chart on Deep sea - Year-over-year growth 2024-2029 (%)
Data Table on Deep sea - Year-over-year growth 2024-2029 (%)
9.4 Coastal - Market size and forecast 2024-2029
Chart on Coastal - Market size and forecast 2024-2029 ($ million)
Data Table on Coastal - Market size and forecast 2024-2029 ($ million)
Chart on Coastal - Year-over-year growth 2024-2029 (%)
Data Table on Coastal - Year-over-year growth 2024-2029 (%)
9.5 Inland - Market size and forecast 2024-2029
Chart on Inland - Market size and forecast 2024-2029 ($ million)
Data Table on Inland - Market size and forecast 2024-2029 ($ million)
Chart on Inland - Year-over-year growth 2024-2029 (%)
Data Table on Inland - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Mode of Transportation
Market opportunity by Mode of Transportation ($ million)
Data Table on Market opportunity by Mode of Transportation ($ million)
10 Market Segmentation by Product Type
10.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
10.3 VLCC and ULCC - Market size and forecast 2024-2029
Chart on VLCC and ULCC - Market size and forecast 2024-2029 ($ million)
Data Table on VLCC and ULCC - Market size and forecast 2024-2029 ($ million)
Chart on VLCC and ULCC - Year-over-year growth 2024-2029 (%)
Data Table on VLCC and ULCC - Year-over-year growth 2024-2029 (%)
10.4 Suezmax - Market size and forecast 2024-2029
Chart on Suezmax - Market size and forecast 2024-2029 ($ million)
Data Table on Suezmax - Market size and forecast 2024-2029 ($ million)
Chart on Suezmax - Year-over-year growth 2024-2029 (%)
Data Table on Suezmax - Year-over-year growth 2024-2029 (%)
10.5 Aframax - Market size and forecast 2024-2029
Chart on Aframax - Market size and forecast 2024-2029 ($ million)
Data Table on Aframax - Market size and forecast 2024-2029 ($ million)
Chart on Aframax - Year-over-year growth 2024-2029 (%)
Data Table on Aframax - Year-over-year growth 2024-2029 (%)
10.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.7 Market opportunity by Product Type
Market opportunity by Product Type ($ million)
Data Table on Market opportunity by Product Type ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.9 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.10 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.11 Greece - Market size and forecast 2024-2029
Chart on Greece - Market size and forecast 2024-2029 ($ million)
Data Table on Greece - Market size and forecast 2024-2029 ($ million)
Chart on Greece - Year-over-year growth 2024-2029 (%)
Data Table on Greece - Year-over-year growth 2024-2029 (%)
12.12 Singapore - Market size and forecast 2024-2029
Chart on Singapore - Market size and forecast 2024-2029 ($ million)
Data Table on Singapore - Market size and forecast 2024-2029 ($ million)
Chart on Singapore - Year-over-year growth 2024-2029 (%)
Data Table on Singapore - Year-over-year growth 2024-2029 (%)
12.13 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.14 Norway - Market size and forecast 2024-2029
Chart on Norway - Market size and forecast 2024-2029 ($ million)
Data Table on Norway - Market size and forecast 2024-2029 ($ million)
Chart on Norway - Year-over-year growth 2024-2029 (%)
Data Table on Norway - Year-over-year growth 2024-2029 (%)
12.15 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.16 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.17 Switzerland - Market size and forecast 2024-2029
Chart on Switzerland - Market size and forecast 2024-2029 ($ million)
Data Table on Switzerland - Market size and forecast 2024-2029 ($ million)
Chart on Switzerland - Year-over-year growth 2024-2029 (%)
Data Table on Switzerland - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Bahri
Bahri - Overview
Bahri - Business segments
Bahri - Key offerings
Bahri - Segment focus
SWOT
15.5 BW Group
BW Group - Overview
BW Group - Product / Service
BW Group - Key offerings
SWOT
15.6 CMB.TECH NV
CMB.TECH NV - Overview
CMB.TECH NV - Business segments
CMB.TECH NV - Key offerings
CMB.TECH NV - Segment focus
SWOT
15.7 COSCO Shipping Ports Ltd.
COSCO Shipping Ports Ltd. - Overview
COSCO Shipping Ports Ltd. - Product / Service
COSCO Shipping Ports Ltd. - Key offerings
SWOT
15.8 Frontline plc
Frontline plc - Overview
Frontline plc - Product / Service
Frontline plc - Key offerings
SWOT
15.9 IINO Kaiun Kaisha Ltd.
IINO Kaiun Kaisha Ltd. - Overview
IINO Kaiun Kaisha Ltd. - Product / Service
IINO Kaiun Kaisha Ltd. - Key offerings
SWOT
15.10 INTERNATIONAL SEAWAYS INC.
INTERNATIONAL SEAWAYS INC. - Overview
INTERNATIONAL SEAWAYS INC. - Business segments
INTERNATIONAL SEAWAYS INC. - Key offerings
INTERNATIONAL SEAWAYS INC. - Segment focus
SWOT
15.11 MAERSK TANKERS AS
MAERSK TANKERS AS - Overview
MAERSK TANKERS AS - Product / Service
MAERSK TANKERS AS - Key offerings
SWOT
15.12 Mitsui O.S.K. Lines Ltd.
Mitsui O.S.K. Lines Ltd. - Overview
Mitsui O.S.K. Lines Ltd. - Business segments
Mitsui O.S.K. Lines Ltd. - Key offerings
Mitsui O.S.K. Lines Ltd. - Segment focus
SWOT
15.13 Odfjell SE
Odfjell SE - Overview
Odfjell SE - Product / Service
Odfjell SE - Key news
Odfjell SE - Key offerings
SWOT
15.14 Scorpio Tankers Inc.
Scorpio Tankers Inc. - Overview
Scorpio Tankers Inc. - Product / Service
Scorpio Tankers Inc. - Key offerings
SWOT
15.15 SFL Corp. Ltd.
SFL Corp. Ltd. - Overview
SFL Corp. Ltd. - Product / Service
SFL Corp. Ltd. - Key offerings
SWOT
15.16 Stolt Nielsen Ltd.
Stolt Nielsen Ltd. - Overview
Stolt Nielsen Ltd. - Business segments
Stolt Nielsen Ltd. - Key offerings
Stolt Nielsen Ltd. - Segment focus
SWOT
15.17 Teekay Corp.
Teekay Corp. - Overview
Teekay Corp. - Product / Service
Teekay Corp. - Key offerings
SWOT
15.18 Tsakos Energy Navigation Ltd.
Tsakos Energy Navigation Ltd. - Overview
Tsakos Energy Navigation Ltd. - Product / Service
Tsakos Energy Navigation Ltd. - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Mode of Transportation
Exhibits 7: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Tanker Shipping Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Mode of Transportation Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Type - Market share 2024-2029 (%)
Exhibits 39: Data Table on Type - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Type
Exhibits 41: Data Table on Comparison by Type
Exhibits 42: Chart on Oil tankers - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Oil tankers - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Oil tankers - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Oil tankers - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Liquid gas tankers - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Liquid gas tankers - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Liquid gas tankers - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Liquid gas tankers - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Chemical tankers - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Chemical tankers - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Chemical tankers - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Chemical tankers - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Type ($ million)
Exhibits 55: Data Table on Market opportunity by Type ($ million)
Exhibits 56: Chart on Mode of Transportation - Market share 2024-2029 (%)
Exhibits 57: Data Table on Mode of Transportation - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by Mode of Transportation
Exhibits 59: Data Table on Comparison by Mode of Transportation
Exhibits 60: Chart on Deep sea - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Deep sea - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Deep sea - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Deep sea - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on Coastal - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Data Table on Coastal - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Chart on Coastal - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Coastal - Year-over-year growth 2024-2029 (%)
Exhibits 68: Chart on Inland - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on Inland - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on Inland - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on Inland - Year-over-year growth 2024-2029 (%)
Exhibits 72: Market opportunity by Mode of Transportation ($ million)
Exhibits 73: Data Table on Market opportunity by Mode of Transportation ($ million)
Exhibits 74: Chart on Product Type - Market share 2024-2029 (%)
Exhibits 75: Data Table on Product Type - Market share 2024-2029 (%)
Exhibits 76: Chart on Comparison by Product Type
Exhibits 77: Data Table on Comparison by Product Type
Exhibits 78: Chart on VLCC and ULCC - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on VLCC and ULCC - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on VLCC and ULCC - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on VLCC and ULCC - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on Suezmax - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Suezmax - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Suezmax - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Suezmax - Year-over-year growth 2024-2029 (%)
Exhibits 86: Chart on Aframax - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Aframax - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Aframax - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Aframax - Year-over-year growth 2024-2029 (%)
Exhibits 90: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 92: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 93: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 94: Market opportunity by Product Type ($ million)
Exhibits 95: Data Table on Market opportunity by Product Type ($ million)
Exhibits 96: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 97: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 98: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 99: Chart on Geographic comparison
Exhibits 100: Data Table on Geographic comparison
Exhibits 101: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Greece - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on Greece - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on Greece - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Greece - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Singapore - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Singapore - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Singapore - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Singapore - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Norway - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Norway - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Norway - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Norway - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 157: Chart on Switzerland - Market size and forecast 2024-2029 ($ million)
Exhibits 158: Data Table on Switzerland - Market size and forecast 2024-2029 ($ million)
Exhibits 159: Chart on Switzerland - Year-over-year growth 2024-2029 (%)
Exhibits 160: Data Table on Switzerland - Year-over-year growth 2024-2029 (%)
Exhibits 161: Market opportunity By Geographical Landscape ($ million)
Exhibits 162: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 163: Impact of drivers and challenges in 2024 and 2029
Exhibits 164: Overview on criticality of inputs and factors of differentiation
Exhibits 165: Overview on factors of disruption
Exhibits 166: Impact of key risks on business
Exhibits 167: Companies covered
Exhibits 168: Company ranking index
Exhibits 169: Matrix on companies position and classification
Exhibits 170: Bahri - Overview
Exhibits 171: Bahri - Business segments
Exhibits 172: Bahri - Key offerings
Exhibits 173: Bahri - Segment focus
Exhibits 174: SWOT
Exhibits 175: BW Group - Overview
Exhibits 176: BW Group - Product / Service
Exhibits 177: BW Group - Key offerings
Exhibits 178: SWOT
Exhibits 179: CMB.TECH NV - Overview
Exhibits 180: CMB.TECH NV - Business segments
Exhibits 181: CMB.TECH NV - Key offerings
Exhibits 182: CMB.TECH NV - Segment focus
Exhibits 183: SWOT
Exhibits 184: COSCO Shipping Ports Ltd. - Overview
Exhibits 185: COSCO Shipping Ports Ltd. - Product / Service
Exhibits 186: COSCO Shipping Ports Ltd. - Key offerings
Exhibits 187: SWOT
Exhibits 188: Frontline plc - Overview
Exhibits 189: Frontline plc - Product / Service
Exhibits 190: Frontline plc - Key offerings
Exhibits 191: SWOT
Exhibits 192: IINO Kaiun Kaisha Ltd. - Overview
Exhibits 193: IINO Kaiun Kaisha Ltd. - Product / Service
Exhibits 194: IINO Kaiun Kaisha Ltd. - Key offerings
Exhibits 195: SWOT
Exhibits 196: INTERNATIONAL SEAWAYS INC. - Overview
Exhibits 197: INTERNATIONAL SEAWAYS INC. - Business segments
Exhibits 198: INTERNATIONAL SEAWAYS INC. - Key offerings
Exhibits 199: INTERNATIONAL SEAWAYS INC. - Segment focus
Exhibits 200: SWOT
Exhibits 201: MAERSK TANKERS AS - Overview
Exhibits 202: MAERSK TANKERS AS - Product / Service
Exhibits 203: MAERSK TANKERS AS - Key offerings
Exhibits 204: SWOT
Exhibits 205: Mitsui O.S.K. Lines Ltd. - Overview
Exhibits 206: Mitsui O.S.K. Lines Ltd. - Business segments
Exhibits 207: Mitsui O.S.K. Lines Ltd. - Key offerings
Exhibits 208: Mitsui O.S.K. Lines Ltd. - Segment focus
Exhibits 209: SWOT
Exhibits 210: Odfjell SE - Overview
Exhibits 211: Odfjell SE - Product / Service
Exhibits 212: Odfjell SE - Key news
Exhibits 213: Odfjell SE - Key offerings
Exhibits 214: SWOT
Exhibits 215: Scorpio Tankers Inc. - Overview
Exhibits 216: Scorpio Tankers Inc. - Product / Service
Exhibits 217: Scorpio Tankers Inc. - Key offerings
Exhibits 218: SWOT
Exhibits 219: SFL Corp. Ltd. - Overview
Exhibits 220: SFL Corp. Ltd. - Product / Service
Exhibits 221: SFL Corp. Ltd. - Key offerings
Exhibits 222: SWOT
Exhibits 223: Stolt Nielsen Ltd. - Overview
Exhibits 224: Stolt Nielsen Ltd. - Business segments
Exhibits 225: Stolt Nielsen Ltd. - Key offerings
Exhibits 226: Stolt Nielsen Ltd. - Segment focus
Exhibits 227: SWOT
Exhibits 228: Teekay Corp. - Overview
Exhibits 229: Teekay Corp. - Product / Service
Exhibits 230: Teekay Corp. - Key offerings
Exhibits 231: SWOT
Exhibits 232: Tsakos Energy Navigation Ltd. - Overview
Exhibits 233: Tsakos Energy Navigation Ltd. - Product / Service
Exhibits 234: Tsakos Energy Navigation Ltd. - Key offerings
Exhibits 235: SWOT
Exhibits 236: Inclusions checklist
Exhibits 237: Exclusions checklist
Exhibits 238: Currency conversion rates for US$
Exhibits 239: Research methodology
Exhibits 240: Information sources
Exhibits 241: Data validation
Exhibits 242: Validation techniques employed for market sizing
Exhibits 243: Data synthesis
Exhibits 244: 360 degree market analysis
Exhibits 245: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global tanker shipping market: Bahri, BW Group, CMB.TECH NV, COSCO Shipping Ports Ltd., DHT Holdings Inc., Eastern Pacific Shipping, Frontline plc, IINO Kaiun Kaisha Ltd., INTERNATIONAL SEAWAYS INC., MAERSK TANKERS AS, Mitsui O.S.K. Lines Ltd., Navios Maritime Holdings Inc., Odfjell SE, Scorpio Tankers Inc., SFL Corp. Ltd., Stolt Nielsen Ltd., Teekay Corp., TORM plc, and Tsakos Energy Navigation Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is shift toward sustainability."

According to the report, one of the major drivers for this market is the global oil and gas demand.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bahri
  • BW Group
  • CMB.TECH NV
  • COSCO Shipping Ports Ltd.
  • DHT Holdings Inc.
  • Eastern Pacific Shipping
  • Frontline plc
  • IINO Kaiun Kaisha Ltd.
  • INTERNATIONAL SEAWAYS INC.
  • MAERSK TANKERS AS
  • Mitsui O.S.K. Lines Ltd.
  • Navios Maritime Holdings Inc.
  • Odfjell SE
  • Scorpio Tankers Inc.
  • SFL Corp. Ltd.
  • Stolt Nielsen Ltd.
  • Teekay Corp.
  • TORM plc
  • Tsakos Energy Navigation Ltd.

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About the Tanker Shipping Market

In the field of logistics, the tanker shipping market pertains to the maritime transport sector specialized in the movement of bulk liquid cargoes. Tanker vessels are designed to carry large volumes of liquid, ranging from crude oil, petroleum products, and chemicals, to liquid food products such as wine and vegetable oils. This market is characterized by its complex logistics, which include considerations for cargo handling, storage facility compatibility, and strict adherence to environmental and safety regulations due to the potentially hazardous nature of the cargoes being transported. International trade and market demand for energy and chemicals heavily influence the dynamics of tanker shipping. Vessel supply and demand, port infrastructure, and route accessibility, as well as geopolitical events, are key factors that affect freight rates and operational costs in this sector. The ever-changing landscape of international trade agreements and environmental policies continues to impact the operational framework that tanker shipping companies must navigate. Some of the key players operating within the tanker shipping market include major shipping corporations such as Teekay Corporation, Frontline Ltd., Mitsui O.S.K. Lines (MOL), Maersk Tankers, and Euronav. These companies manage large fleets of tanker vessels, providing vital services in the transportation of liquid cargoes across oceans and contributing to the continuous flow of trade in various commodities necessary for industrial and consumer use. Show Less Read more

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