Tanker Transport Services Industry Research Report 2025

Summary

According to APO Research, The global Tanker Transport Services market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American 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.

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 Scope

This report aims to provide a comprehensive presentation of the global market for Tanker Transport Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tanker Transport Services.
The Tanker Transport Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Tanker Transport Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

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 Application

Military Use
Civilian Use
Tanker Transport Services Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 volume and value), 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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: 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 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Tanker Transport Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. 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 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Tanker Transport Services by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
2.2.2 Crude Oil Transport
2.2.3 Refined Oil Transport
2.2.4 Others
2.3 Tanker Transport Services by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.3.2 Military Use
2.3.3 Civilian Use
2.4 Assumptions and Limitations
3 Tanker Transport Services Breakdown Data by Type
3.1 Global Tanker Transport Services Historic Market Size by Type (2020-2025)
3.2 Global Tanker Transport Services Forecasted Market Size by Type (2026-2031)
4 Tanker Transport Services Breakdown Data by Application
4.1 Global Tanker Transport Services Historic Market Size by Application (2020-2025)
4.2 Global Tanker Transport Services Forecasted Market Size by Application (2026-2031)
5 Global Growth Trends
5.1 Global Tanker Transport Services Market Perspective (2020-2031)
5.2 Global Tanker Transport Services Growth Trends by Region
5.2.1 Global Tanker Transport Services Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Tanker Transport Services Historic Market Size by Region (2020-2025)
5.2.3 Tanker Transport Services Forecasted Market Size by Region (2026-2031)
5.3 Tanker Transport Services Market Dynamics
5.3.1 Tanker Transport Services Industry Trends
5.3.2 Tanker Transport Services Market Drivers
5.3.3 Tanker Transport Services Market Challenges
5.3.4 Tanker Transport Services Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Tanker Transport Services Players by Revenue
6.1.1 Global Top Tanker Transport Services Players by Revenue (2020-2025)
6.1.2 Global Tanker Transport Services Revenue Market Share by Players (2020-2025)
6.2 Global Tanker Transport Services Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Tanker Transport Services Head Office and Area Served
6.4 Global Tanker Transport Services Players, Product Type & Application
6.5 Global Tanker Transport Services Manufacturers Established Date
6.6 Global Tanker Transport Services Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Tanker Transport Services Market Size (2020-2031)
7.2 North America Tanker Transport Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Tanker Transport Services Market Size by Country (2020-2025)
7.4 North America Tanker Transport Services Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Tanker Transport Services Market Size (2020-2031)
8.2 Europe Tanker Transport Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Tanker Transport Services Market Size by Country (2020-2025)
8.4 Europe Tanker Transport Services Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Tanker Transport Services Market Size (2020-2031)
9.2 Asia-Pacific Tanker Transport Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Tanker Transport Services Market Size by Country (2020-2025)
9.4 Asia-Pacific Tanker Transport Services Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Tanker Transport Services Market Size (2020-2031)
10.2 South America Tanker Transport Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Tanker Transport Services Market Size by Country (2020-2025)
10.4 South America Tanker Transport Services Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Tanker Transport Services Market Size (2020-2031)
11.2 Middle East & Africa Tanker Transport Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Tanker Transport Services Market Size by Country (2020-2025)
11.4 Middle East & Africa Tanker Transport Services Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 COSCO Shipping Ports Ltd.
12.1.1 COSCO Shipping Ports Ltd. Company Information
12.1.2 COSCO Shipping Ports Ltd. Business Overview
12.1.3 COSCO Shipping Ports Ltd. Revenue in Tanker Transport Services Business (2020-2025)
12.1.4 COSCO Shipping Ports Ltd. Tanker Transport Services Product Portfolio
12.1.5 COSCO Shipping Ports Ltd. Recent Developments
12.2 Nanjing Tanker Corporation
12.2.1 Nanjing Tanker Corporation Company Information
12.2.2 Nanjing Tanker Corporation Business Overview
12.2.3 Nanjing Tanker Corporation Revenue in Tanker Transport Services Business (2020-2025)
12.2.4 Nanjing Tanker Corporation Tanker Transport Services Product Portfolio
12.2.5 Nanjing Tanker Corporation Recent Developments
12.3 SIPG
12.3.1 SIPG Company Information
12.3.2 SIPG Business Overview
12.3.3 SIPG Revenue in Tanker Transport Services Business (2020-2025)
12.3.4 SIPG Tanker Transport Services Product Portfolio
12.3.5 SIPG Recent Developments
12.4 Tsakos Energy Navigation
12.4.1 Tsakos Energy Navigation Company Information
12.4.2 Tsakos Energy Navigation Business Overview
12.4.3 Tsakos Energy Navigation Revenue in Tanker Transport Services Business (2020-2025)
12.4.4 Tsakos Energy Navigation Tanker Transport Services Product Portfolio
12.4.5 Tsakos Energy Navigation Recent Developments
12.5 TORM
12.5.1 TORM Company Information
12.5.2 TORM Business Overview
12.5.3 TORM Revenue in Tanker Transport Services Business (2020-2025)
12.5.4 TORM Tanker Transport Services Product Portfolio
12.5.5 TORM Recent Developments
12.6 Teekay
12.6.1 Teekay Company Information
12.6.2 Teekay Business Overview
12.6.3 Teekay Revenue in Tanker Transport Services Business (2020-2025)
12.6.4 Teekay Tanker Transport Services Product Portfolio
12.6.5 Teekay Recent Developments
12.7 Scorpio Tankers
12.7.1 Scorpio Tankers Company Information
12.7.2 Scorpio Tankers Business Overview
12.7.3 Scorpio Tankers Revenue in Tanker Transport Services Business (2020-2025)
12.7.4 Scorpio Tankers Tanker Transport Services Product Portfolio
12.7.5 Scorpio Tankers Recent Developments
12.8 MOL
12.8.1 MOL Company Information
12.8.2 MOL Business Overview
12.8.3 MOL Revenue in Tanker Transport Services Business (2020-2025)
12.8.4 MOL Tanker Transport Services Product Portfolio
12.8.5 MOL Recent Developments
12.9 China Changjiang Bunker (Sinopec) Co., Ltd.
12.9.1 China Changjiang Bunker (Sinopec) Co., Ltd. Company Information
12.9.2 China Changjiang Bunker (Sinopec) Co., Ltd. Business Overview
12.9.3 China Changjiang Bunker (Sinopec) Co., Ltd. Revenue in Tanker Transport Services Business (2020-2025)
12.9.4 China Changjiang Bunker (Sinopec) Co., Ltd. Tanker Transport Services Product Portfolio
12.9.5 China Changjiang Bunker (Sinopec) Co., Ltd. Recent Developments
12.10 SFL Corp
12.10.1 SFL Corp Company Information
12.10.2 SFL Corp Business Overview
12.10.3 SFL Corp Revenue in Tanker Transport Services Business (2020-2025)
12.10.4 SFL Corp Tanker Transport Services Product Portfolio
12.10.5 SFL Corp Recent Developments
12.11 Overseas Shipholding Group
12.11.1 Overseas Shipholding Group Company Information
12.11.2 Overseas Shipholding Group Business Overview
12.11.3 Overseas Shipholding Group Revenue in Tanker Transport Services Business (2020-2025)
12.11.4 Overseas Shipholding Group Tanker Transport Services Product Portfolio
12.11.5 Overseas Shipholding Group Recent Developments
12.12 International Seaways
12.12.1 International Seaways Company Information
12.12.2 International Seaways Business Overview
12.12.3 International Seaways Revenue in Tanker Transport Services Business (2020-2025)
12.12.4 International Seaways Tanker Transport Services Product Portfolio
12.12.5 International Seaways Recent Developments
12.13 HMM Co. Ltd.
12.13.1 HMM Co. Ltd. Company Information
12.13.2 HMM Co. Ltd. Business Overview
12.13.3 HMM Co. Ltd. Revenue in Tanker Transport Services Business (2020-2025)
12.13.4 HMM Co. Ltd. Tanker Transport Services Product Portfolio
12.13.5 HMM Co. Ltd. Recent Developments
12.14 Frontline Ltd
12.14.1 Frontline Ltd Company Information
12.14.2 Frontline Ltd Business Overview
12.14.3 Frontline Ltd Revenue in Tanker Transport Services Business (2020-2025)
12.14.4 Frontline Ltd Tanker Transport Services Product Portfolio
12.14.5 Frontline Ltd Recent Developments
12.15 AsstrA
12.15.1 AsstrA Company Information
12.15.2 AsstrA Business Overview
12.15.3 AsstrA Revenue in Tanker Transport Services Business (2020-2025)
12.15.4 AsstrA Tanker Transport Services Product Portfolio
12.15.5 AsstrA Recent Developments
12.16 Bahri
12.16.1 Bahri Company Information
12.16.2 Bahri Business Overview
12.16.3 Bahri Revenue in Tanker Transport Services Business (2020-2025)
12.16.4 Bahri Tanker Transport Services Product Portfolio
12.16.5 Bahri Recent Developments
12.17 Chevron
12.17.1 Chevron Company Information
12.17.2 Chevron Business Overview
12.17.3 Chevron Revenue in Tanker Transport Services Business (2020-2025)
12.17.4 Chevron Tanker Transport Services Product Portfolio
12.17.5 Chevron Recent Developments
12.18 DHT Holdings
12.18.1 DHT Holdings Company Information
12.18.2 DHT Holdings Business Overview
12.18.3 DHT Holdings Revenue in Tanker Transport Services Business (2020-2025)
12.18.4 DHT Holdings Tanker Transport Services Product Portfolio
12.18.5 DHT Holdings Recent Developments
12.19 Euronav
12.19.1 Euronav Company Information
12.19.2 Euronav Business Overview
12.19.3 Euronav Revenue in Tanker Transport Services Business (2020-2025)
12.19.4 Euronav Tanker Transport Services Product Portfolio
12.19.5 Euronav Recent Developments
12.20 Navios Maritime Holdings
12.20.1 Navios Maritime Holdings Company Information
12.20.2 Navios Maritime Holdings Business Overview
12.20.3 Navios Maritime Holdings Revenue in Tanker Transport Services Business (2020-2025)
12.20.4 Navios Maritime Holdings Tanker Transport Services Product Portfolio
12.20.5 Navios Maritime Holdings Recent Developments
13 Report Conclusion
14 Disclaimer

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