Fleet Watch: Global fleet may grow by 1% in 2020
Global fleet development as of December 2019
The global chemical tanker fleet has expanded 4% YTD. Twelve vessels were delivered in November. There are 60 more ships scheduled for delivery this year totaling 1.05milDWT tonnage, and 11 of them are MRs. Eastport R&S forecasts a 1% net growth of the global fleet next year. Accelerated scrapping due to IMO 2020 will decrease tonnage next year. For more details on Fleet Watch, please refer to December’s issue of Fleet Watch: Global fleet may grow by 1% in 2020.