Crude Oil Carrier Global Market Report 2025

Global Crude Oil Carrier Market Report 2024

Crude Oil Carrier Global Market Report 2025 – By Vessel Type (Very Large Crude Carrier (VLCC), Suezmax, Aframax, Ultra Large Crude Carrier (ULCC), Panamax), By Dead Weight Tonnage (120,000 MT-180,000 MT, 180,000 MT -320,000 MT, 25,000 MT-50,000 MT, 50,000 MT-75,000 MT, 75,000 MT-120,000 MT, Above 320,000 MT), By Hull Type (Double Bottom, Double Hull, Single Bottom), By Application (Diesel, Gasoline, Aviation Turbine Fuel, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

Name: Crude Oil Carrier Global Market Report 2025
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Crude Oil Carrier Global Market Report 2025

Report Price : $4490.00 | Pages : | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Crude Oil Carrier Market Definition

A crude oil carrier refers to ocean-going vessel constructed and intended for transporting crude oil or its products. They are used for to transfer massive amounts of crude oil across the seas and oceans.

The main types of vessels included in crude oil carriers are very large crude carriers (VLCC), suezmax, aframax, ultra large crude carriers (ULCC), and panamax. Very Large Crude Carrier (VLCC) refers to vessels having a capacity of more than 250,000 DWT. The several types of dead weight tonnage included are 120,000 mt-180,000 mt, 180,000 mt-320,000 mt, 25,000 mt-50,000 mt, 50,000 mt-75,000 mt, 75,000 mt-120,000 mt, and above 320,000 mt. The various hull types are double bottom, double hull, and single bottom, which are used for several applications, such as Diesel, gasoline, aviation turbine fuel, and others.

Crude Oil Carrier Market Segmentation

The crude oil carrier market covered in this report is segmented –

1) By Vessel Type: Very Large Crude Carrier (VLCC), Suezmax, Aframax, Ultra Large Crude Carrier (ULCC), Panamax

2) By Dead Weight Tonnage: 120,000 MT-180,000 MT, 180,000 MT-320,000 MT, 25,000 MT-50,000 MT, 50,000 MT-75,000 MT, 75,000 MT-120,000 MT, Above 320,000 MT

3) By Hull Type: Double Bottom, Double Hull, Single Bottom

4) By Application: Diesel, Gasoline, Aviation Turbine Fuel, Other Applications

Subsegments:

1) By Very Large Crude Carrier (VLCC): Conventional VLCC, Modern VLCC, Converted VLCC, Others

2) By Suezmax: Conventional Suezmax, Modern Suezmax, Converted Suezmax, Others

3) By Aframax: Conventional Aframax, Modern Aframax, Converted Aframax, Others

4) By Ultra Large Crude Carrier (ULCC): Conventional ULCC, Modern ULCC, Converted ULCC, Others

5) By Panamax: Conventional Panamax, Modern Panamax, Converted Panamax, Others

Crude Oil Carrier Market Size and growth rate 2025 to 2029: Graph

Crude Oil Carrier Market Size 2025 And Growth Rate

The crude oil carrier market size has grown steadily in recent years. It will grow from$198.63 billion in 2024 to $205.24 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to oil demand and production, geopolitical factors, economic growth and oil consumption, regulatory changes, oil price fluctuations

Crude Oil Carrier Market Growth Forecast

The crude oil carrier market size is expected to see steady growth in the next few years. It will grow to $243.71 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to emerging market demand, oil price forecasts, investments in carrier fleet expansion, global trade agreements, oil production expansion. Major trends in the forecast period include eco-friendly vessel designs, digitalization and automation, LNG-powered carriers, dual-fuel technology adoption, slow steaming practices.

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Crude Oil Carrier Market Driver: Increasing Crude Oil Demand Drives Expansion In The Crude Oil Carrier Market

The rising demand for crude oil and its by-products is expected to propel the growth of the crude oil carrier market going forward. Crude oil is a combination of hydrocarbons that occurs in the liquid phase in natural subterranean reservoirs and stays liquid under normal pressure despite passing through surface-separating facilities. The by-products are products obtained by the extraction process in a refinery, and these products include gasoline, aviation fuel, diesel, and asphalt. The crude oil carriers are used in the transportation of bulk crude oil and related by-products from the offshore platforms to a transshipment terminal. For instance, in March 2023, according to the US Energy Information Administration, a US-based federal statistical system for gathering, processing, and disseminating energy data, the U.S. crude oil output increased to 12.4 million b/d in 2023 from the record high of 11.7 million b/d in 2022. Furthermore, the US consumed an average of 86.6 billion cubic feet of natural gas per day (Bcf/d) in 2022, the highest annual consumption of natural gas in the U.S. as compared to the previous year. Therefore, the rising demand for crude oil and its by-products is driving the crude oil carrier market.

Crude Oil Carrier Market Driver: Rising Transportation Activity Drives Growth In The Crude Oil Carrier Market

The increasing transportation is expected to propel the growth of the crude oil carrier market going forward. Transportation refers to the movement of people, goods, or animals from one place to another. The demand for fuel is raised by growing cross-sector transportation, which in turn raises the need for crude oil carriers. For instance, in September 2024, according to the American Trucking Association, a US-based association, trucks transported 66.5% of the value of surface trade between the United States and Canada in 2023. Therefore, increasing transportation is driving the growth of the crude oil carrier market.

Global Crude Oil Carrier Market Major Players

Major companies operating in the crude oil carrier market include China Shipping Tanker Co. Ltd., Maersk Tankers A/S, Kuwait oil Tanker Company S.A.K, OSG Ship Management Inc., Alaska Tanker Company LLC, Keystone Shipping Co., Shipping Corporation of India Ltd., Frontline Ltd., Tsakos Energy Navigation Limited, National Iranian Tanker Company, Euronav NV, Tankers International LLC, SFL Corporation Ltd., Nordic American Tankers Limited, AET Tanker Holdings Sdn Bhd, Teekay Corporation, Angelicoussis Shipping Group Limited., Mitsui OSK Lines Ltd., Scorpio Tankers Inc., DHT Holdings Inc., Ardmore Shipping Corp., Oman Shipping Company S.A.O.C., Ocean Tankers Ltd., Diamond S Shipping Inc., Dynacom Tankers Management Ltd., Gener8 Maritime Inc., Hafnia Limited, International Seaways Inc., PAO Sovcomflot, Maran Tankers Management Inc., Navios Maritime Partners L.P.

Global Crude Oil Carrier Market Trend: Advancements In Carrier System For The Crude Oil Carrier Market

Major companies operating in the crude oil carrier market are developing innovative solutions, such as the crude oil and liquefied natural gas (LNG) carriers, to enhance fuel efficiency and reduce emissions. Crude oil and liquefied natural gas (LNG) carriers refer to specialized vessels designed for the transportation of crude oil and LNG, ensuring safe and efficient delivery of these energy resources. For instance, in August 2023, Zvezda shipyard, a Russia-based shipbuilding company, launched Arc6 Valentin Pikul and Arc6 Sergei Witte to transport oil and liquefied natural gas (LNG) as part of ongoing projects.The latest in this series is a vessel named Sergei Witte, which has a capacity of 172,600 cubic meters. These ships are critical for Russia's Arctic energy projects, given the growing demand for LNG and oil exports from the region.

Global Crude Oil Carrier Market Trend: China Merchants Energy Shipping Forges Profitable Alliances With Dalian Shipbuilding For LNG And Crude Oil Carrier Construction

Major companies operating in the crude oil carrier market are focused on partnerships and collaborations to increase their profitability in the market. Strategic partnerships are collaborative relationships formed between two or more organizations to achieve specific business objectives or goals. In December 2023, China Merchants Energy Shipping (CMES), a China-based shipping company, has signed contracts with Dalian Shipbuilding, a China-based Shipbuilding company, for the construction of two LNG (liquefied natural gas) carriers and 2 Aframax crude oil tankers. The 2 LNG carriers will be built at DSIC for $470 million, and the 2 Aframax crude oil tankers will be designed by DSIC, measuring 243 meters long and 44 meters wide, with a capacity of 115,000 dwt.

Crude Oil Carrier Market Merger And Acquisition: DTH Holdings' Acquisition Of Hyundai-Built VLCC Strengthens Fleet

In May 2023, DHT Holdings Inc., a Bermuda-based crude oil tanker company acquired VLCC by Hyundai Heavy Industries for an amount of $94.5 million. This acquisition of the VLCC is expected to improve the DHT fleet's efficiencies, such as the Annual Efficiency Ratio (AER) and Energy Efficiency Operational Index (EEOI) metrics. Hyundai Heavy Industries is a South Korea-based company involved in the crude oil carrier.

Regional Analysis For The Global Crude Oil Carrier Market

Asia-Pacific was the largest region in the crude oil carrier market in 2024. The regions covered in the crude oil carrier market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the crude oil carrier market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Crude Oil Carrier Market?

The crude oil carrier market consists of sales of shuttle tankers, arctic crude oil tankers, oil storage vessels, oil barges, and deck oil carriers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Crude Oil Carrier Industry?

The crude oil carrier market research report is one of a series of new reports from The Business Research Company that provides crude oil carrier market statistics, including crude oil carrier industry global market size, regional shares, competitors with a crude oil carrier market share, detailed crude oil carrier market segments, market trends and opportunities, and any further data you may need to thrive in the crude oil carrier industry. This crude oil carrier market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Crude Oil Carrier Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$205.24 billion
Revenue Forecast In 2034	$243.71 billion
Growth Rate	CAGR of 4.4% from 2024 to 2033
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Vessel Type: Very Large Crude Carrier (VLCC), Suezmax, Aframax, Ultra Large Crude Carrier (ULCC), Panamax 2) By Dead Weight Tonnage: 120,000 MT-180,000 MT, 180,000 MT -320,000 MT, 25,000 MT-50,000 MT, 50,000 MT-75,000 MT, 75,000 MT-120,000 MT, Above 320,000 MT 3) By Hull Type: Double Bottom, Double Hull, Single Bottom 4) By Application: Diesel, Gasoline, Aviation Turbine Fuel, Other Applications Subsegments: 1) By Very Large Crude Carrier (VLCC): Conventional VLCC, Modern VLCC, Converted VLCC, Others 2) By Suezmax: Conventional Suezmax, Modern Suezmax, Converted Suezmax, Others 3) By Aframax: Conventional Aframax, Modern Aframax, Converted Aframax, Others 4) By Ultra Large Crude Carrier (ULCC): Conventional ULCC, Modern ULCC, Converted ULCC, Others 5) By Panamax: Conventional Panamax, Modern Panamax, Converted Panamax, Others
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	China Shipping Tanker Co. Ltd., Maersk Tankers A/S, Kuwait oil Tanker Company S.A.K, OSG Ship Management Inc., Alaska Tanker Company LLC, Keystone Shipping Co., Shipping Corporation of India Ltd., Frontline Ltd., Tsakos Energy Navigation Limited, National Iranian Tanker Company, Euronav NV, Tankers International LLC, SFL Corporation Ltd., Nordic American Tankers Limited, AET Tanker Holdings Sdn Bhd, Teekay Corporation, Angelicoussis Shipping Group Limited., Mitsui OSK Lines Ltd., Scorpio Tankers Inc., DHT Holdings Inc., Ardmore Shipping Corp., Oman Shipping Company S.A.O.C., Ocean Tankers Ltd., Diamond S Shipping Inc., Dynacom Tankers Management Ltd., Gener8 Maritime Inc., Hafnia Limited, International Seaways Inc., PAO Sovcomflot, Maran Tankers Management Inc., Navios Maritime Partners L.P.
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1. Executive Summary

2. Crude Oil Carrier Market Characteristics

3. Crude Oil Carrier Market Trends And Strategies

4. Crude Oil Carrier Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market

5. Global Crude Oil Carrier Growth Analysis And Strategic Analysis Framework

5.1. Global Crude Oil Carrier PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Crude Oil Carrier Market Growth Rate Analysis

5.4. Global Crude Oil Carrier Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Crude Oil Carrier Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Crude Oil Carrier Total Addressable Market (TAM)

6. Crude Oil Carrier Market Segmentation

6.1. Global Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Very Large Crude Carrier (VLCC)

Suezmax

Aframax

Ultra Large Crude Carrier (ULCC)

Panamax

6.2. Global Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

120,000 MT-180,000 MT

180,000 MT-320,000 MT

25,000 MT-50,000 MT

50,000 MT-75,000 MT

75,000 MT-120,000 MT

Above 320,000 MT

6.3. Global Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Double Bottom

Double Hull

Single Bottom

6.4. Global Crude Oil Carrier Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Diesel

Gasoline

Aviation Turbine Fuel

Other Applications

6.5. Global Crude Oil Carrier Market, Sub-Segmentation Of Very Large Crude Carrier (VLCC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional VLCC

Modern VLCC

Converted VLCC

Others

6.6. Global Crude Oil Carrier Market, Sub-Segmentation Of Suezmax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Suezmax

Modern Suezmax

Converted Suezmax

Others

6.7. Global Crude Oil Carrier Market, Sub-Segmentation Of Aframax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Aframax

Modern Aframax

Converted Aframax

Others

6.8. Global Crude Oil Carrier Market, Sub-Segmentation Of Ultra Large Crude Carrier (ULCC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional ULCC

Modern ULCC

Converted ULCC

Others

6.9. Global Crude Oil Carrier Market, Sub-Segmentation Of Panamax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Panamax

Modern Panamax

Converted Panamax

Others

7. Crude Oil Carrier Market Regional And Country Analysis

7.1. Global Crude Oil Carrier Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Crude Oil Carrier Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Crude Oil Carrier Market

8.1. Asia-Pacific Crude Oil Carrier Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Crude Oil Carrier Market

9.1. China Crude Oil Carrier Market Overview

9.2. China Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Crude Oil Carrier Market

10.1. India Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Crude Oil Carrier Market

11.1. Japan Crude Oil Carrier Market Overview

11.2. Japan Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Crude Oil Carrier Market

12.1. Australia Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Crude Oil Carrier Market

13.1. Indonesia Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Crude Oil Carrier Market

14.1. South Korea Crude Oil Carrier Market Overview

14.2. South Korea Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Crude Oil Carrier Market

15.1. Western Europe Crude Oil Carrier Market Overview

15.2. Western Europe Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Crude Oil Carrier Market

16.1. UK Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Crude Oil Carrier Market

17.1. Germany Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Crude Oil Carrier Market

18.1. France Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Crude Oil Carrier Market

19.1. Italy Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Crude Oil Carrier Market

20.1. Spain Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Crude Oil Carrier Market

21.1. Eastern Europe Crude Oil Carrier Market Overview

21.2. Eastern Europe Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Crude Oil Carrier Market

22.1. Russia Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Crude Oil Carrier Market

23.1. North America Crude Oil Carrier Market Overview

23.2. North America Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Crude Oil Carrier Market

24.1. USA Crude Oil Carrier Market Overview

24.2. USA Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Crude Oil Carrier Market

25.1. Canada Crude Oil Carrier Market Overview

25.2. Canada Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Crude Oil Carrier Market

26.1. South America Crude Oil Carrier Market Overview

26.2. South America Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Crude Oil Carrier Market

27.1. Brazil Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Crude Oil Carrier Market

28.1. Middle East Crude Oil Carrier Market Overview

28.2. Middle East Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Crude Oil Carrier Market

29.1. Africa Crude Oil Carrier Market Overview

29.2. Africa Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Crude Oil Carrier Market Competitive Landscape And Company Profiles

30.1. Crude Oil Carrier Market Competitive Landscape

30.2. Crude Oil Carrier Market Company Profiles

30.2.1. China Shipping Tanker Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Maersk Tankers A/S Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Kuwait oil Tanker Company S.A.K Overview, Products and Services, Strategy and Financial Analysis

30.2.4. OSG Ship Management Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Alaska Tanker Company LLC Overview, Products and Services, Strategy and Financial Analysis

31. Crude Oil Carrier Market Other Major And Innovative Companies

31.1. Keystone Shipping Co.

31.2. Shipping Corporation of India Ltd.

31.3. Frontline Ltd.

31.4. Tsakos Energy Navigation Limited

31.5. National Iranian Tanker Company

31.6. Euronav NV

31.7. Tankers International LLC

31.8. SFL Corporation Ltd.

31.9. Nordic American Tankers Limited

31.10. AET Tanker Holdings Sdn Bhd

31.11. Teekay Corporation

31.12. Angelicoussis Shipping Group Limited.

31.13. Mitsui OSK Lines Ltd.

31.14. Scorpio Tankers Inc.

31.15. DHT Holdings Inc.

32. Global Crude Oil Carrier Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Crude Oil Carrier Market

34. Recent Developments In The Crude Oil Carrier Market

35. Crude Oil Carrier Market High Potential Countries, Segments and Strategies

35.1 Crude Oil Carrier Market In 2029 - Countries Offering Most New Opportunities

35.2 Crude Oil Carrier Market In 2029 - Segments Offering Most New Opportunities

35.3 Crude Oil Carrier Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Crude Oil Carrier Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Crude Oil Carrier Market, Sub-Segmentation Of Very Large Crude Carrier (VLCC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Crude Oil Carrier Market, Sub-Segmentation Of Suezmax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Crude Oil Carrier Market, Sub-Segmentation Of Aframax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Crude Oil Carrier Market, Sub-Segmentation Of Ultra Large Crude Carrier (ULCC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Crude Oil Carrier Market, Sub-Segmentation Of Panamax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Crude Oil Carrier Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Crude Oil Carrier Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: China Shipping Tanker Co. Ltd. Financial Performance

Table 81: Maersk Tankers A/S Financial Performance

Table 82: Kuwait oil Tanker Company S.A.K Financial Performance

Table 83: OSG Ship Management Inc. Financial Performance

Table 84: Alaska Tanker Company LLC Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Crude Oil Carrier Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Crude Oil Carrier Market, Sub-Segmentation Of Very Large Crude Carrier (VLCC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Crude Oil Carrier Market, Sub-Segmentation Of Suezmax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Crude Oil Carrier Market, Sub-Segmentation Of Aframax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Crude Oil Carrier Market, Sub-Segmentation Of Ultra Large Crude Carrier (ULCC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Crude Oil Carrier Market, Sub-Segmentation Of Panamax, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Crude Oil Carrier Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Crude Oil Carrier Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Crude Oil Carrier Market, Segmentation By Vessel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Crude Oil Carrier Market, Segmentation By Dead Weight Tonnage, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Crude Oil Carrier Market, Segmentation By Hull Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: China Shipping Tanker Co. Ltd. Financial Performance

Figure 81: Maersk Tankers A/S Financial Performance

Figure 82: Kuwait oil Tanker Company S.A.K Financial Performance

Figure 83: OSG Ship Management Inc. Financial Performance

Figure 84: Alaska Tanker Company LLC Financial Performance

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Oil Downstream Products Global Market Report 2025 – By Type (Refined Petroleum Products, Asphalt, Lubricating Oil And Grease), By Fraction (Light Distillates, Middle Distillates, Heavy Oils), By Application (Fuel, Chemical, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

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Oil And Gas Wells Drilling Services Global Market Report 2025 – By Type (Onshore Drilling Services, Offshore Drilling Services), By Service (Directional Drilling, Non-Directional Drilling), By Machine Parts (Rigs, Pipes, Bits, Reamers, Other Machine Parts) – Market Size, Trends, And Global Forecast 2025-2034

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Oil Accumulator Global Market Report 2025 – By Type (Bladder Accumulator, Piston Accumulator, Diaphragm Accumulator), By Pressure Rating (Up to 6,000 Psi, Above 6,000 Psi), By Application (Blow Out Preventer and Well Head Control, Offshore Rigs, Mud Pumps) – Market Size, Trends, And Global Forecast 2025-2034

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Oilfield Services Global Market Report 2025 – By Service Type (Subsea Services, Seismic Services, Drilling Services, Workover and Completion Services, Production Equipment, Processing and Separation Services, Other Service Types), By Type (Equipment Rental, Field Operation, Analytical and Consulting Services), By Application (Onshore, Offshore) – Market Size, Trends, And Global Forecast 2025-2034

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Oil And Gas Global Market Report 2025 – By Type (Oil & Gas Upstream Activities, Oil Downstream Products), By Drilling Type (Offshore, Onshore), By Application (Residential, Commercial, Industrial, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

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Asphalt, Lubricating Oil And Grease Global Market Report 2025 – By Type (Asphalt, Other Petroleum Products), By Application (Roadways, Waterproofing, Recreation, Other Applications), By End Use Industries (Power Generation, Transport, Metallurgy and Metalworking, Food and Beverage, Chemical, Other End Use Industries) – Market Size, Trends, And Global Forecast 2025-2034

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Oil And Gas Upstream Activities Global Market Report 2025 – By Type (Crude Oil, Natural Gas, Oil And Gas Wells Drilling Services, Oil And Gas Supporting Activities), By Drilling Type (Offshore, Onshore), By End User (Crude Petroleum Comprises, Natural Gas Extraction Comprises) – Market Size, Trends, And Global Forecast 2025-2034

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Frequently Asked Questions

What is the definition of the Crude Oil Carrier market?

How will the Crude Oil Carrier market drivers and restraints affect the market dynamics? What forces will shape the Crude Oil Carrier industry going forward?

The Crude Oil Carrier market major growth driver - Increasing Crude Oil Demand Drives Expansion In The Crude Oil Carrier Market. For further insights on the Crude Oil Carrier market, request a sample here

What is the forecast market size or the forecast market value of the Crude Oil Carrier market?

The Crude Oil Carrier market size has grown strongly in recent years. The crude oil carrier market size has grown steadily in recent years. It will grow from$198.63 billion in 2024 to $205.24 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to oil demand and production, geopolitical factors, economic growth and oil consumption, regulatory changes, oil price fluctuations The crude oil carrier market size is expected to see steady growth in the next few years. It will grow to $243.71 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to emerging market demand, oil price forecasts, investments in carrier fleet expansion, global trade agreements, oil production expansion. Major trends in the forecast period include eco-friendly vessel designs, digitalization and automation, LNG-powered carriers, dual-fuel technology adoption, slow steaming practices. For further insights on the Crude Oil Carrier market, request a sample here

How is the Crude Oil Carrier market segmented?

The crude oil carrier market covered in this report is segmented –
1) By Vessel Type: Very Large Crude Carrier (VLCC), Suezmax, Aframax, Ultra Large Crude Carrier (ULCC), Panamax
2) By Dead Weight Tonnage: 120,000 MT-180,000 MT, 180,000 MT -320,000 MT, 25,000 MT-50,000 MT, 50,000 MT-75,000 MT, 75,000 MT-120,000 MT, Above 320,000 MT
3) By Hull Type: Double Bottom, Double Hull, Single Bottom
4) By Application: Diesel, Gasoline, Aviation Turbine Fuel, Other Applications Subsegments:
1) By Very Large Crude Carrier (VLCC): Conventional VLCC, Modern VLCC, Converted VLCC, Others
2) By Suezmax: Conventional Suezmax, Modern Suezmax, Converted Suezmax, Others
3) By Aframax: Conventional Aframax, Modern Aframax, Converted Aframax, Others
4) By Ultra Large Crude Carrier (ULCC): Conventional ULCC, Modern ULCC, Converted ULCC, Others
5) By Panamax: Conventional Panamax, Modern Panamax, Converted Panamax, Others For further insights on the Crude Oil Carrier market, request a sample here

Which region has the largest share of the Crude Oil Carrier market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the crude oil carrier market in 2024. The regions covered in the crude oil carrier market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the Crude Oil Carrier market, request a sample here.

Who are the major players in the Crude Oil Carrier market?

What are the key trends in the Crude Oil Carrier market?

Major trends in the Crude Oil Carrier market include Advancements In Carrier System For The Crude Oil Carrier Market. For further insights on the Crude Oil Carrier market, request a sample here.

What are the major opportunities in the Crude Oil Carrier market? What are the strategies for the Crude Oil Carrier market?

For detailed insights on the major opportunities and strategies in the Crude Oil Carrier market, request a sample here.

How does the Crude Oil Carrier market relate to the overall economy and other similar markets?

For detailed insights on Crude Oil Carrier's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Crude Oil Carrier industry?

For detailed insights on the mergers and acquisitions in the Crude Oil Carrier industry, request a sample here.

What are the key dynamics influencing the Crude Oil Carrier market growth? SWOT analysis of the Crude Oil Carrier market.

For detailed insights on the key dynamics influencing the Crude Oil Carrier market growth and SWOT analysis of the Crude Oil Carrier industry, request a sample here.