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المشهد العربي
Record High Orders for Oil Tankers
The maritime transport market has witnessed an unprecedented surge in orders for building supertankers, with the number of ships under construction exceeding 262 vessels, each with a capacity of up to two million barrels. This increase raises concerns about the sector entering a recession cycle reminiscent of the 2008 boom, which led to a sharp decline in shipping rates. This spike comes alongside rising rental costs fueled by geopolitical tensions and regional conflicts, further amplifying the risks that the growth in the oil shipping market may not be sustainable.
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