The number of tankers in Australia showed a fluctuation between 2013 and 2023, standing at 8 units in 2023. From 2013 to 2023, the tanker count experienced various peaks and troughs, with significant declines observed in 2020 (-44%) and substantial recoveries noted in 2021 (+50.79%). However, from 2024 onwards, forecast data indicates a consistent decline, with an average annual decrease (CAGR) of -3.22%, forecasting a 15.09% drop over the next five years.
Future trends to watch for include the impact of regulatory changes and environmental policies, which may influence the number of tankers operating, and advancements in tanker technologies that could affect operational efficiencies and demands.
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