Crude Oil Carriers Market Size was valued at USD 257.37 Bn in 2024, and total global Crude Oil Carriers Market revenue is expected to grow at a CAGR of 4.2% from 2025 to 2032, reaching nearly USD 357.68 Bn.

Crude Oil Carriers Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Crude Oil Carriers Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Crude Oil Carriers Market.

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Crude Oil Carriers Market Scope and Methodology:

The Crude Oil Carriers Market requires a mix of both qualitative and quantitative research methods. Crude Oil Carriers Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Crude Oil Carriers market. The bottom-up approach was used to determine the global and regional Crude Oil Carriers market sizes.

Crude Oil Carriers Market Regional Insights:

The Crude Oil Carriers Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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by Hull Type

Single Bottom
Double Hull
Double Bottom

by Vessel Type

Suezmax
Panamax
Aframax
Small
Medium
Very Large Crude Carriers
Ultra Large Crude Carriers

Crude Oil Carriers Market Key Players:

North America
1. Teekay Corporation (Canada)
2. International Seaways, Inc. (U.S.)
3. Overseas Shipholding Group (U.S.)
4. Nordic American Tankers Limited (U.S.)
5. DHT Holdings, Inc. (U.S.)

Europe
6. Frontline Ltd. (Bermuda)
7. Euronav NV (Belgium)
8. Tsakos Energy Navigation Ltd. (Greece)
9. Scorpio Tankers Inc. (Monaco)
10. International Seaways, Inc. (Bermuda)
11. SFL Corporation Ltd. (Bermuda)

Asia-Pacific
12. China COSCO Shipping Energy (China)
13. Mitsui O.S.K. Lines, Ltd. (MOL) (Japan)
14. Hyundai Merchant Marine Co., Ltd. (South Korea)
15. AET Tanker Holdings Sdn Bhd (Malaysia)
16. Vela International Marine (Bahri) (UAE)
17. Essar Shipping Ports & Logistics Ltd. (India)
18. China Merchants Group (China)

Middle East & Africa
19. Bahri (Saudi Arabia)
20. Oman Shipping Company S.A.O.C. (Oman)

South America
21. Minerva Marine Inc. (Brazil)
22. Petrobras (Brazil)
23. Braskem S.A. (Brazil)
24. Yemen LNG (Yemen)

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Key questions answered in the Crude Oil Carriers Market are:

• What is Crude Oil Carriers?
• What is the growth rate of the Crude Oil Carriers Market?
• Which are the factors expected to drive the Crude Oil Carriers Market growth?
• What are the upcoming opportunities and trends for the Crude Oil Carriers Market?
• Who are the leading companies and what are their portfolios in Crude Oil Carriers Market? 
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Crude Oil Carriers Market?
• Who are the key players in the Crude Oil Carriers Market?
• What are the different segments of the Crude Oil Carriers Market?
• Which is the fastest growing region in the Crude Oil Carriers Market?
• What growth strategies are the players considering to increase their presence in Crude Oil Carriers?
• What is the CAGR at which the Crude Oil Carriers Market will grow during the forecast period?
• What segments are covered in the Crude Oil Carriers Market?

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Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment 
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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