The tanker fleet has expanded enormously to meet the steadily expanding demand or oil which grew at 5deg,, per annum until the OPEC price increases in 1973 / 1974. The development of a second class of specialist tanker, the products carrier, became necessary and a large number of these vessels have also been built.
The tanker fleet has expanded enormously to meet the steadily expanding demand or oil which grew at 5deg,, per annum until the OPEC price increases in 1973 / 1974. The development of a second class of specialist tanker, the products carrier, became necessary and a large number of these vessels have also been built.
The tanker fleet has expanded enormously to meet the steadily expanding demand or oil which grew at 5deg,, per annum until the OPEC price increases in 1973 / 1974. The development of a second class of specialist tanker, the products carrier, became necessary and a large number of these vessels have also been built.