The global VLCC fleet increased by 4 vessels (1.25MMdwt) during the month of June, amounting to a change of 1.35% in the first half of the year.

During this past month we have seen a total of 5 vessels (1.56MMdwt) being delivered, while at the same time 0 vessels (0.00MMdwt) were sent to be scrapped.

The orderbook now stands at 84 vessels (25.45MMdwt) having decreased by 11 vessels (3.35MMdwt) over the past month.

ICONIC Project Finance Advisory