The tanker market is set to profit from an increase in tonne - mile demand because of factors including sanctions against Iran and the US - China trade war . The crude tanker market appears unaffected at present, with other factors at play. Growth in oil demand is an indicator for future tanker growth , according to shipbroker Gibson , and oil prices remained high throughout 2018 , prompting the International Energy Agency cut its forecast for oil demand growth for this year . However , the incoming International Maritime Organization ( IMO ) 2020 price cap of 0.5 % on marine fuel could require more barrels traded in H2 ##O , before the regulations come into force , which will in turn benefit the tanker market .
The tanker market is set to profit from an increase in tonne - mile demand because of factors including sanctions against Iran and the US - China trade war . Growth in oil demand is an indicator for future tanker growth , according to shipbroker Gibson , and oil prices remained high throughout 2018 , prompting the International Energy Agency cut its forecast for oil demand growth for this year . However , the incoming International Maritime Organization ( IMO ) 2020 price cap of 0.5 % on marine fuel could require more barrels traded in H2 ##O , before the regulations come into force , which will in turn benefit the tanker market .