Rigs and Vessels

Floating storage could be back on menu as good news keeps rolling for tankers

Every 100 million barrels in floating storage soaks up 2% of the tanker fleet, Clarksons says

VLCCs were used for floating storage in 2020, and Clarksons suggests they could be again, given rising oil supply.
VLCCs were used for floating storage in 2020, and Clarksons suggests they could be again, given rising oil supply.Photo: DHT Holdings
TradeWinds correspondentOslo
Published 16 September 2025, 00:11Updated 16 September 2025, 00:11
Pareto SecuritiesClarksonsIEAEIAOpec