Double-hulled tanker Double-hulled tanker A double-hulled tanker refers to an oil tanker which has a double hull. They reduce the likelihood of leaks occurring than in single-hulled tankers, and their ability to prevent or reduce oil spills led to double hulls being standardized for oil tankers and other types of ships including by the International Convention for the Prevention of Pollution from Ships or MARPOL Convention. After the Exxon Valdez oil spill disaster in Alaska in 1989, the US Government required all new oil tankers built for use between US ports to be equipped with a full double hull. A number of
Oil tanker sectors. The market is affected by a wide variety of variables such as the supply and demand of oil as well as the supply and demand of oil tankers. Some particular variables include winter temperatures, excess tanker tonnage, supply fluctuations in the Persian Gulf, and interruptions in refinery services. In 2006, the sustained rise in oil prices had only a limited impact on demand. It was a good year across all segments of the tanker market segments, but not as good as 2004 and 2005. Amidst high oil prices, geopolitical tension, and fears of disruptions to the oil supply, growing