Oil tankers increase at the lowest rate in 40 years due to disturbances in the Red Sea. Two large oil tankers joined the global oil transport fleet during the current year, increasing this fleet at the slowest pace in about 4 decades.
The Houthis attack ships passing through the southern Red Sea off the coast of Yemen, saying they are Israeli or heading to Israel. After the two large tankers entered service this year, only 5 tankers are scheduled to be delivered in 2025, according to data from Banchero Costa Shipping Services, compared to 42 ships delivered in 2022.