Global Tanker Transport Services Market Analysis and Forecast 2025-2031

Summary

According to APO Research, The global Tanker Transport Services market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The North America market for Tanker Transport Services is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Tanker Transport Services is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The China market for Tanker Transport Services is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Tanker Transport Services is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Tanker Transport Services include COSCO Shipping Ports Ltd., Nanjing Tanker Corporation, SIPG, Tsakos Energy Navigation, TORM, Teekay, Scorpio Tankers, MOL and China Changjiang Bunker (Sinopec) Co., Ltd., etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Includes


This report presents an overview of global market for Tanker Transport Services, market size. Analyses of the global market trends, with historic market revenue data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Tanker Transport Services, also provides the revenue of main regions and countries. Of the upcoming market potential for Tanker Transport Services, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Tanker Transport Services revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Tanker Transport Services market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2020 to 2031. Evaluation and forecast the market size for Tanker Transport Services revenue, projected growth trends, production technology, application and end-user industry.

Tanker Transport Services Segment by Company

COSCO Shipping Ports Ltd.
Nanjing Tanker Corporation
SIPG
Tsakos Energy Navigation
TORM
Teekay
Scorpio Tankers
MOL
China Changjiang Bunker (Sinopec) Co., Ltd.
SFL Corp
Overseas Shipholding Group
International Seaways
HMM Co. Ltd.
Frontline Ltd
AsstrA
Bahri
Chevron
DHT Holdings
Euronav
Navios Maritime Holdings
Tanker Transport Services Segment by Type

Crude Oil Transport
Refined Oil Transport
Others
Tanker Transport Services Segment by Application

Military Use
Civilian Use
Tanker Transport Services Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.
2. To present the key players, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Tanker Transport Services market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Tanker Transport Services and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in market size), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Tanker Transport Services.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Revenue of Tanker Transport Services in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 4: Detailed analysis of Tanker Transport Services company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Tanker Transport Services revenue, gross margin, and recent development, etc.
Chapter 8: North America by type, by application and by country, revenue for each segment.
Chapter 9: Europe by type, by application and by country, revenue for each segment.
Chapter 10: China type, by application, revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.
Chapter 12: South America, Middle East and Africa by type, by application and by country, revenue for each segment.
Chapter 13: The main concluding insights of the report.

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1 Market Overview
1.1 Product Definition
1.2 Tanker Transport Services Market by Type
1.2.1 Global Tanker Transport Services Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Crude Oil Transport
1.2.3 Refined Oil Transport
1.2.4 Others
1.3 Tanker Transport Services Market by Application
1.3.1 Global Tanker Transport Services Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Military Use
1.3.3 Civilian Use
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Tanker Transport Services Market Dynamics
2.1 Tanker Transport Services Industry Trends
2.2 Tanker Transport Services Industry Drivers
2.3 Tanker Transport Services Industry Opportunities and Challenges
2.4 Tanker Transport Services Industry Restraints
3 Global Growth Perspective
3.1 Global Tanker Transport Services Market Perspective (2020-2031)
3.2 Global Tanker Transport Services Growth Trends by Region
3.2.1 Global Tanker Transport Services Market Size by Region: 2020 VS 2024 VS 2031
3.2.2 Global Tanker Transport Services Market Size by Region (2020-2025)
3.2.3 Global Tanker Transport Services Market Size by Region (2026-2031)
4 Competitive Landscape by Players
4.1 Global Tanker Transport Services Revenue by Players
4.1.1 Global Tanker Transport Services Revenue by Players (2020-2025)
4.1.2 Global Tanker Transport Services Revenue Market Share by Players (2020-2025)
4.1.3 Global Tanker Transport Services Players Revenue Share Top 10 and Top 5 in 2024
4.2 Global Tanker Transport Services Key Players Ranking, 2023 VS 2024 VS 2025
4.3 Global Tanker Transport Services Key Players Headquarters & Area Served
4.4 Global Tanker Transport Services Players, Product Type & Application
4.5 Global Tanker Transport Services Players Establishment Date
4.6 Market Competitive Analysis
4.6.1 Global Tanker Transport Services Market CR5 and HHI
4.6.3 2024 Tanker Transport Services Tier 1, Tier 2, and Tier 3
5 Tanker Transport Services Market Size by Type
5.1 Global Tanker Transport Services Revenue by Type (2020 VS 2024 VS 2031)
5.2 Global Tanker Transport Services Revenue by Type (2020-2031)
5.3 Global Tanker Transport Services Revenue Market Share by Type (2020-2031)
6 Tanker Transport Services Market Size by Application
6.1 Global Tanker Transport Services Revenue by Application (2020 VS 2024 VS 2031)
6.2 Global Tanker Transport Services Revenue by Application (2020-2031)
6.3 Global Tanker Transport Services Revenue Market Share by Application (2020-2031)
7 Company Profiles
7.1 COSCO Shipping Ports Ltd.
7.1.1 COSCO Shipping Ports Ltd. Comapny Information
7.1.2 COSCO Shipping Ports Ltd. Business Overview
7.1.3 COSCO Shipping Ports Ltd. Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.1.4 COSCO Shipping Ports Ltd. Tanker Transport Services Product Portfolio
7.1.5 COSCO Shipping Ports Ltd. Recent Developments
7.2 Nanjing Tanker Corporation
7.2.1 Nanjing Tanker Corporation Comapny Information
7.2.2 Nanjing Tanker Corporation Business Overview
7.2.3 Nanjing Tanker Corporation Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.2.4 Nanjing Tanker Corporation Tanker Transport Services Product Portfolio
7.2.5 Nanjing Tanker Corporation Recent Developments
7.3 SIPG
7.3.1 SIPG Comapny Information
7.3.2 SIPG Business Overview
7.3.3 SIPG Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.3.4 SIPG Tanker Transport Services Product Portfolio
7.3.5 SIPG Recent Developments
7.4 Tsakos Energy Navigation
7.4.1 Tsakos Energy Navigation Comapny Information
7.4.2 Tsakos Energy Navigation Business Overview
7.4.3 Tsakos Energy Navigation Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.4.4 Tsakos Energy Navigation Tanker Transport Services Product Portfolio
7.4.5 Tsakos Energy Navigation Recent Developments
7.5 TORM
7.5.1 TORM Comapny Information
7.5.2 TORM Business Overview
7.5.3 TORM Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.5.4 TORM Tanker Transport Services Product Portfolio
7.5.5 TORM Recent Developments
7.6 Teekay
7.6.1 Teekay Comapny Information
7.6.2 Teekay Business Overview
7.6.3 Teekay Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.6.4 Teekay Tanker Transport Services Product Portfolio
7.6.5 Teekay Recent Developments
7.7 Scorpio Tankers
7.7.1 Scorpio Tankers Comapny Information
7.7.2 Scorpio Tankers Business Overview
7.7.3 Scorpio Tankers Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.7.4 Scorpio Tankers Tanker Transport Services Product Portfolio
7.7.5 Scorpio Tankers Recent Developments
7.8 MOL
7.8.1 MOL Comapny Information
7.8.2 MOL Business Overview
7.8.3 MOL Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.8.4 MOL Tanker Transport Services Product Portfolio
7.8.5 MOL Recent Developments
7.9 China Changjiang Bunker (Sinopec) Co., Ltd.
7.9.1 China Changjiang Bunker (Sinopec) Co., Ltd. Comapny Information
7.9.2 China Changjiang Bunker (Sinopec) Co., Ltd. Business Overview
7.9.3 China Changjiang Bunker (Sinopec) Co., Ltd. Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.9.4 China Changjiang Bunker (Sinopec) Co., Ltd. Tanker Transport Services Product Portfolio
7.9.5 China Changjiang Bunker (Sinopec) Co., Ltd. Recent Developments
7.10 SFL Corp
7.10.1 SFL Corp Comapny Information
7.10.2 SFL Corp Business Overview
7.10.3 SFL Corp Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.10.4 SFL Corp Tanker Transport Services Product Portfolio
7.10.5 SFL Corp Recent Developments
7.11 Overseas Shipholding Group
7.11.1 Overseas Shipholding Group Comapny Information
7.11.2 Overseas Shipholding Group Business Overview
7.11.3 Overseas Shipholding Group Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.11.4 Overseas Shipholding Group Tanker Transport Services Product Portfolio
7.11.5 Overseas Shipholding Group Recent Developments
7.12 International Seaways
7.12.1 International Seaways Comapny Information
7.12.2 International Seaways Business Overview
7.12.3 International Seaways Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.12.4 International Seaways Tanker Transport Services Product Portfolio
7.12.5 International Seaways Recent Developments
7.13 HMM Co. Ltd.
7.13.1 HMM Co. Ltd. Comapny Information
7.13.2 HMM Co. Ltd. Business Overview
7.13.3 HMM Co. Ltd. Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.13.4 HMM Co. Ltd. Tanker Transport Services Product Portfolio
7.13.5 HMM Co. Ltd. Recent Developments
7.14 Frontline Ltd
7.14.1 Frontline Ltd Comapny Information
7.14.2 Frontline Ltd Business Overview
7.14.3 Frontline Ltd Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.14.4 Frontline Ltd Tanker Transport Services Product Portfolio
7.14.5 Frontline Ltd Recent Developments
7.15 AsstrA
7.15.1 AsstrA Comapny Information
7.15.2 AsstrA Business Overview
7.15.3 AsstrA Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.15.4 AsstrA Tanker Transport Services Product Portfolio
7.15.5 AsstrA Recent Developments
7.16 Bahri
7.16.1 Bahri Comapny Information
7.16.2 Bahri Business Overview
7.16.3 Bahri Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.16.4 Bahri Tanker Transport Services Product Portfolio
7.16.5 Bahri Recent Developments
7.17 Chevron
7.17.1 Chevron Comapny Information
7.17.2 Chevron Business Overview
7.17.3 Chevron Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.17.4 Chevron Tanker Transport Services Product Portfolio
7.17.5 Chevron Recent Developments
7.18 DHT Holdings
7.18.1 DHT Holdings Comapny Information
7.18.2 DHT Holdings Business Overview
7.18.3 DHT Holdings Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.18.4 DHT Holdings Tanker Transport Services Product Portfolio
7.18.5 DHT Holdings Recent Developments
7.19 Euronav
7.19.1 Euronav Comapny Information
7.19.2 Euronav Business Overview
7.19.3 Euronav Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.19.4 Euronav Tanker Transport Services Product Portfolio
7.19.5 Euronav Recent Developments
7.20 Navios Maritime Holdings
7.20.1 Navios Maritime Holdings Comapny Information
7.20.2 Navios Maritime Holdings Business Overview
7.20.3 Navios Maritime Holdings Tanker Transport Services Revenue and Gross Margin (2020-2025)
7.20.4 Navios Maritime Holdings Tanker Transport Services Product Portfolio
7.20.5 Navios Maritime Holdings Recent Developments
8 North America
8.1 North America Tanker Transport Services Revenue (2020-2031)
8.2 North America Tanker Transport Services Revenue by Type (2020-2031)
8.2.1 North America Tanker Transport Services Revenue by Type (2020-2025)
8.2.2 North America Tanker Transport Services Revenue by Type (2026-2031)
8.3 North America Tanker Transport Services Revenue Share by Type (2020-2031)
8.4 North America Tanker Transport Services Revenue by Application (2020-2031)
8.4.1 North America Tanker Transport Services Revenue by Application (2020-2025)
8.4.2 North America Tanker Transport Services Revenue by Application (2026-2031)
8.5 North America Tanker Transport Services Revenue Share by Application (2020-2031)
8.6 North America Tanker Transport Services Revenue by Country
8.6.1 North America Tanker Transport Services Revenue by Country (2020 VS 2024 VS 2031)
8.6.2 North America Tanker Transport Services Revenue by Country (2020-2025)
8.6.3 North America Tanker Transport Services Revenue by Country (2026-2031)
8.6.4 United States
8.6.5 Canada
8.6.6 Mexico
9 Europe
9.1 Europe Tanker Transport Services Revenue (2020-2031)
9.2 Europe Tanker Transport Services Revenue by Type (2020-2031)
9.2.1 Europe Tanker Transport Services Revenue by Type (2020-2025)
9.2.2 Europe Tanker Transport Services Revenue by Type (2026-2031)
9.3 Europe Tanker Transport Services Revenue Share by Type (2020-2031)
9.4 Europe Tanker Transport Services Revenue by Application (2020-2031)
9.4.1 Europe Tanker Transport Services Revenue by Application (2020-2025)
9.4.2 Europe Tanker Transport Services Revenue by Application (2026-2031)
9.5 Europe Tanker Transport Services Revenue Share by Application (2020-2031)
9.6 Europe Tanker Transport Services Revenue by Country
9.6.1 Europe Tanker Transport Services Revenue by Country (2020 VS 2024 VS 2031)
9.6.2 Europe Tanker Transport Services Revenue by Country (2020-2025)
9.6.3 Europe Tanker Transport Services Revenue by Country (2026-2031)
9.6.4 Germany
9.6.5 France
9.6.6 U.K.
9.6.7 Italy
9.6.8 Russia
9.6.9 Spain
9.6.10 Netherlands
9.6.11 Switzerland
9.6.12 Sweden
9.6.13 Poland
10 China
10.1 China Tanker Transport Services Revenue (2020-2031)
10.2 China Tanker Transport Services Revenue by Type (2020-2031)
10.2.1 China Tanker Transport Services Revenue by Type (2020-2025)
10.2.2 China Tanker Transport Services Revenue by Type (2026-2031)
10.3 China Tanker Transport Services Revenue Share by Type (2020-2031)
10.4 China Tanker Transport Services Revenue by Application (2020-2031)
10.4.1 China Tanker Transport Services Revenue by Application (2020-2025)
10.4.2 China Tanker Transport Services Revenue by Application (2026-2031)
10.5 China Tanker Transport Services Revenue Share by Application (2020-2031)
11 Asia (Excluding China)
11.1 Asia Tanker Transport Services Revenue (2020-2031)
11.2 Asia Tanker Transport Services Revenue by Type (2020-2031)
11.2.1 Asia Tanker Transport Services Revenue by Type (2020-2025)
11.2.2 Asia Tanker Transport Services Revenue by Type (2026-2031)
11.3 Asia Tanker Transport Services Revenue Share by Type (2020-2031)
11.4 Asia Tanker Transport Services Revenue by Application (2020-2031)
11.4.1 Asia Tanker Transport Services Revenue by Application (2020-2025)
11.4.2 Asia Tanker Transport Services Revenue by Application (2026-2031)
11.5 Asia Tanker Transport Services Revenue Share by Application (2020-2031)
11.6 Asia Tanker Transport Services Revenue by Country
11.6.1 Asia Tanker Transport Services Revenue by Country (2020 VS 2024 VS 2031)
11.6.2 Asia Tanker Transport Services Revenue by Country (2020-2025)
11.6.3 Asia Tanker Transport Services Revenue by Country (2026-2031)
11.6.4 Japan
11.6.5 South Korea
11.6.6 India
11.6.7 Australia
11.6.8 Taiwan
11.6.9 Southeast Asia
12 South America, Middle East and Africa
12.1 SAMEA Tanker Transport Services Revenue (2020-2031)
12.2 SAMEA Tanker Transport Services Revenue by Type (2020-2031)
12.2.1 SAMEA Tanker Transport Services Revenue by Type (2020-2025)
12.2.2 SAMEA Tanker Transport Services Revenue by Type (2026-2031)
12.3 SAMEA Tanker Transport Services Revenue Share by Type (2020-2031)
12.4 SAMEA Tanker Transport Services Revenue by Application (2020-2031)
12.4.1 SAMEA Tanker Transport Services Revenue by Application (2020-2025)
12.4.2 SAMEA Tanker Transport Services Revenue by Application (2026-2031)
12.5 SAMEA Tanker Transport Services Revenue Share by Application (2020-2031)
12.6 SAMEA Tanker Transport Services Revenue by Country
12.6.1 SAMEA Tanker Transport Services Revenue by Country (2020 VS 2024 VS 2031)
12.6.2 SAMEA Tanker Transport Services Revenue by Country (2020-2025)
12.6.3 SAMEA Tanker Transport Services Revenue by Country (2026-2031)
12.6.4 Brazil
12.6.5 Argentina
12.6.6 Chile
12.6.7 Colombia
12.6.8 Peru
12.6.9 Saudi Arabia
12.6.10 Israel
12.6.11 UAE
12.6.12 Turkey
12.6.13 Iran
12.6.14 Egypt
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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