{"id":60417,"date":"2026-06-22T06:54:25","date_gmt":"2026-06-22T06:54:25","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/60417\/"},"modified":"2026-06-22T06:54:25","modified_gmt":"2026-06-22T06:54:25","slug":"abs-and-hd-hhi-joint-development-agreement-for-50000-dwt-u-s-flagged-tanker-news-and-statistics","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/60417\/","title":{"rendered":"ABS and HD HHI Joint Development Agreement for 50,000 DWT U.S.-Flagged Tanker &#8211; News and Statistics"},"content":{"rendered":"<p>\n\t\t\t\t\t\t\t\t\t\t\t\tJun 11, 2026\t\t\t\t\t<\/p>\n<p>The American Bureau of Shipping (ABS), a classification society, has entered into a <a href=\"https:\/\/www.indexbox.io\/store\/branch\/building_of_ships_and_floating_structures\/\" target=\"_blank\" rel=\"nofollow noopener\">joint development agreement<\/a> with <a href=\"https:\/\/www.indexbox.io\/store\/south-korea\/\" target=\"_blank\" rel=\"nofollow noopener\">South Korea&#8217;s<\/a> <a href=\"https:\/\/app.indexbox.io\/companies\/profile\/651827\/\" target=\"_blank\" rel=\"noopener nofollow\">HD Hyundai Heavy Industries<\/a> (HD HHI) to support the creation of a new U.S.-flagged oil and chemical tanker, according to ABS.<\/p>\n<p>Under the agreement, the two organizations are pooling resources to develop a 50,000 DWT vessel designed for U.S. flag operations. HD HHI brings extensive experience and advanced technical capabilities in the design and construction of such tankers, as indicated by Executive Vice President Dongjin Lee. The initiative anticipates growing demand for U.S.-flagged vessels, driven by U.S. shipbuilding revitalization policies, and aims to proactively address specific U.S. Coast Guard technical requirements. Through this collaboration, HD HHI seeks to strengthen its competitiveness in the U.S. market and deliver safe, compliant, and high-value vessel solutions.<\/p>\n<p>As part of the deal, ABS will review the HD HHI design in accordance with ABS rules and U.S. Coast Guard requirements. Patrick Ryan, ABS Senior Vice President and Chief Technology Officer, noted that ABS has provided owners and operators with insight and guidance from the first 100,000 DWT tanker to today&#8217;s most advanced designs, always with a focus on safety. He added that the initiative with HD HHI reflects ABS&#8217;s continuing commitment to supporting practical, forward-looking solutions for the next generation of U.S.-flagged vessels.<\/p>\n<p>This partnership follows shortly after ABS gave SBM Offshore the go-ahead for the Dutch company&#8217;s seawater intake riser technology, developed in collaboration with Shell.<\/p>\n<p class=\"text-alpha-black mb-3\">Interactive table based on the Store Companies dataset for this report.<\/p>\n<p>\t\t\t\tSort: Rank<br \/>\n\t\t\t\tSort: Company A-Z<br \/>\n\t\t\t\tSort: Headquarters A-Z<\/p>\n<p>\t\t\t\t\t#<br \/>\n\t\t\t\t\tCompany<br \/>\n\t\t\t\t\tHeadquarters<br \/>\n\t\t\t\t\tFocus<br \/>\n\t\t\t\t\tScale<br \/>\n\t\t\t\t\tNote<\/p>\n<p>\t\t\t\t\t\t1<br \/>\n\t\t\t\t\t\tEuronav<br \/>\n\t\t\t\t\t\tHouston, Texas<br \/>\n\t\t\t\t\t\tCrude oil tankers<br \/>\n\t\t\t\t\t\tLarge fleet<br \/>\n\t\t\t\t\t\tMajor global operator, US HQ<\/p>\n<p>\t\t\t\t\t\t2<br \/>\n\t\t\t\t\t\tInternational Seaways<br \/>\n\t\t\t\t\t\tNew York, New York<br \/>\n\t\t\t\t\t\tCrude and product tankers<br \/>\n\t\t\t\t\t\tLarge fleet<br \/>\n\t\t\t\t\t\tOne of largest US public tanker companies<\/p>\n<p>\t\t\t\t\t\t3<br \/>\n\t\t\t\t\t\tDHT Holdings<br \/>\n\t\t\t\t\t\tHamilton, Bermuda (Ops: NY)<br \/>\n\t\t\t\t\t\tVLCC crude tankers<br \/>\n\t\t\t\t\t\tLarge fleet<br \/>\n\t\t\t\t\t\tOperational management in USA<\/p>\n<p>\t\t\t\t\t\t4<br \/>\n\t\t\t\t\t\tArdmore Shipping<br \/>\n\t\t\t\t\t\tNew York, New York<br \/>\n\t\t\t\t\t\tProduct and chemical tankers<br \/>\n\t\t\t\t\t\tMid-size fleet<br \/>\n\t\t\t\t\t\tEco-design focus<\/p>\n<p>\t\t\t\t\t\t5<br \/>\n\t\t\t\t\t\tScorpio Tankers<br \/>\n\t\t\t\t\t\tMonaco (Ops: NY)<br \/>\n\t\t\t\t\t\tProduct tankers<br \/>\n\t\t\t\t\t\tLarge fleet<br \/>\n\t\t\t\t\t\tMajor product carrier operator, US ops<\/p>\n<p>\t\t\t\t\t\t6<br \/>\n\t\t\t\t\t\tOverseas Shipholding Group (OSG)<br \/>\n\t\t\t\t\t\tTampa, Florida<br \/>\n\t\t\t\t\t\tCrude and product tankers<br \/>\n\t\t\t\t\t\tMid-size fleet<br \/>\n\t\t\t\t\t\tUS Flag fleet operator<\/p>\n<p>\t\t\t\t\t\t7<br \/>\n\t\t\t\t\t\tKNOT Offshore Partners<br \/>\n\t\t\t\t\t\tAberdeen, UK (Ops: NY)<br \/>\n\t\t\t\t\t\tShuttle tankers<br \/>\n\t\t\t\t\t\tSpecialized fleet<br \/>\n\t\t\t\t\t\tUS listed, operational ties<\/p>\n<p>\t\t\t\t\t\t8<br \/>\n\t\t\t\t\t\tCapital Product Partners L.P.<br \/>\n\t\t\t\t\t\tAthens, Greece (Ops: NY)<br \/>\n\t\t\t\t\t\tProduct tankers, LNG<br \/>\n\t\t\t\t\t\tMid-size fleet<br \/>\n\t\t\t\t\t\tUS listed partnership<\/p>\n<p>\t\t\t\t\t\t9<br \/>\n\t\t\t\t\t\tTeekay Tankers<br \/>\n\t\t\t\t\t\tHamilton, Bermuda (Ops: WA)<br \/>\n\t\t\t\t\t\tCrude oil tankers<br \/>\n\t\t\t\t\t\tLarge fleet<br \/>\n\t\t\t\t\t\tSignificant US operational presence<\/p>\n<p>\t\t\t\t\t\t10<br \/>\n\t\t\t\t\t\tNordic American Tankers (NAT)<br \/>\n\t\t\t\t\t\tHamilton, Bermuda (Ops: NY)<br \/>\n\t\t\t\t\t\tSuezmax crude tankers<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tUS listed, uniform fleet<\/p>\n<p>\t\t\t\t\t\t11<br \/>\n\t\t\t\t\t\tTorm plc<br \/>\n\t\t\t\t\t\tLondon, UK (Ops: CT)<br \/>\n\t\t\t\t\t\tProduct tankers<br \/>\n\t\t\t\t\t\tLarge fleet<br \/>\n\t\t\t\t\t\tUS operational office<\/p>\n<p>\t\t\t\t\t\t12<br \/>\n\t\t\t\t\t\tKoch Industries (Marine Unit)<br \/>\n\t\t\t\t\t\tWichita, Kansas<br \/>\n\t\t\t\t\t\tProduct tankers, chartering<br \/>\n\t\t\t\t\t\tLarge<br \/>\n\t\t\t\t\t\tPrivate conglomerate with shipping<\/p>\n<p>\t\t\t\t\t\t13<br \/>\n\t\t\t\t\t\tAmerican Petroleum Tankers<br \/>\n\t\t\t\t\t\tSan Francisco, California<br \/>\n\t\t\t\t\t\tJones Act product tankers<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tJones Act focused<\/p>\n<p>\t\t\t\t\t\t14<br \/>\n\t\t\t\t\t\tSeabulk Tankers<br \/>\n\t\t\t\t\t\tFort Lauderdale, Florida<br \/>\n\t\t\t\t\t\tChemical and product tankers<br \/>\n\t\t\t\t\t\tMid-size fleet<br \/>\n\t\t\t\t\t\tPart of SEACOR Holdings<\/p>\n<p>\t\t\t\t\t\t15<br \/>\n\t\t\t\t\t\tMaersk Tankers (US Office)<br \/>\n\t\t\t\t\t\tCopenhagen, DK (Ops: CT)<br \/>\n\t\t\t\t\t\tProduct tankers<br \/>\n\t\t\t\t\t\tLarge<br \/>\n\t\t\t\t\t\tUS commercial office<\/p>\n<p>\t\t\t\t\t\t16<br \/>\n\t\t\t\t\t\tHornbeck Offshore<br \/>\n\t\t\t\t\t\tCovington, Louisiana<br \/>\n\t\t\t\t\t\tOffshore supply, tank barges<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tSpecialized offshore tankers<\/p>\n<p>\t\t\t\t\t\t17<br \/>\n\t\t\t\t\t\tCrowley Maritime<br \/>\n\t\t\t\t\t\tJacksonville, Florida<br \/>\n\t\t\t\t\t\tTank barges, logistics<br \/>\n\t\t\t\t\t\tLarge<br \/>\n\t\t\t\t\t\tJones Act tank barge operator<\/p>\n<p>\t\t\t\t\t\t18<br \/>\n\t\t\t\t\t\tKeystone Shipping<br \/>\n\t\t\t\t\t\tBala Cynwyd, Pennsylvania<br \/>\n\t\t\t\t\t\tTanker chartering\/management<br \/>\n\t\t\t\t\t\tManager\/operator<br \/>\n\t\t\t\t\t\tTechnical ship management<\/p>\n<p>\t\t\t\t\t\t19<br \/>\n\t\t\t\t\t\tLiberty Global Logistics<br \/>\n\t\t\t\t\t\tLake Success, New York<br \/>\n\t\t\t\t\t\tTanker chartering<br \/>\n\t\t\t\t\t\tManager<br \/>\n\t\t\t\t\t\tDry and wet bulk chartering<\/p>\n<p>\t\t\t\t\t\t20<br \/>\n\t\t\t\t\t\tVitol (Shipping Arm)<br \/>\n\t\t\t\t\t\tHouston, Texas<br \/>\n\t\t\t\t\t\tTanker chartering\/trading<br \/>\n\t\t\t\t\t\tVery large<br \/>\n\t\t\t\t\t\tMajor trader&#8217;s shipping activities<\/p>\n<p>\t\t\t\t\t\t21<br \/>\n\t\t\t\t\t\tWorld Fuel Services (Marine)<br \/>\n\t\t\t\t\t\tMiami, Florida<br \/>\n\t\t\t\t\t\tBunkering, tanker chartering<br \/>\n\t\t\t\t\t\tLarge<br \/>\n\t\t\t\t\t\tLogistics and chartering<\/p>\n<p>\t\t\t\t\t\t22<br \/>\n\t\t\t\t\t\tHarvey Gulf International<br \/>\n\t\t\t\t\t\tNew Orleans, Louisiana<br \/>\n\t\t\t\t\t\tOffshore support, tank barges<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tUS Gulf focused<\/p>\n<p>\t\t\t\t\t\t23<br \/>\n\t\t\t\t\t\tCenterline Logistics<br \/>\n\t\t\t\t\t\tSeattle, Washington<br \/>\n\t\t\t\t\t\tTank barges, articulated tug-barge<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tUS coastwise tank barge operator<\/p>\n<p>\t\t\t\t\t\t24<br \/>\n\t\t\t\t\t\tMaritrans<br \/>\n\t\t\t\t\t\tTampa, Florida<br \/>\n\t\t\t\t\t\tJones Act petroleum barges<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tUS Gulf and East Coast<\/p>\n<p>\t\t\t\t\t\t25<br \/>\n\t\t\t\t\t\tGenesis Marine<br \/>\n\t\t\t\t\t\tHouston, Texas<br \/>\n\t\t\t\t\t\tTank barge transportation<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tUS inland and coastal<\/p>\n<p>\t\t\t\t\t\t26<br \/>\n\t\t\t\t\t\tBouchard Transportation<br \/>\n\t\t\t\t\t\tMelville, New York<br \/>\n\t\t\t\t\t\tTank barges<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tCoastal tank barge operator<\/p>\n<p>\t\t\t\t\t\t27<br \/>\n\t\t\t\t\t\tMoran Towing<br \/>\n\t\t\t\t\t\tNew Canaan, Connecticut<br \/>\n\t\t\t\t\t\tTug\/barge, tank barges<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tHarbor and coastal tug\/barge<\/p>\n<p>\t\t\t\t\t\t28<br \/>\n\t\t\t\t\t\tVane Brothers<br \/>\n\t\t\t\t\t\tBaltimore, Maryland<br \/>\n\t\t\t\t\t\tTank barges, harbor services<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tUS East Coast<\/p>\n<p>\t\t\t\t\t\t29<br \/>\n\t\t\t\t\t\tMcAllister Towing &amp; Transportation<br \/>\n\t\t\t\t\t\tNew York, New York<br \/>\n\t\t\t\t\t\tTowing, tank barge transport<br \/>\n\t\t\t\t\t\tFleet operator<br \/>\n\t\t\t\t\t\tHarbor and coastal services<\/p>\n<p>\t\t\t\t\t\t30<br \/>\n\t\t\t\t\t\tKinsale Capital (Shipping Investments)<br \/>\n\t\t\t\t\t\tRichmond, Virginia<br \/>\n\t\t\t\t\t\tShipping investments<br \/>\n\t\t\t\t\t\tInvestor<br \/>\n\t\t\t\t\t\tInvestment in tanker assets<\/p>\n<p class=\"fs-5\">This report provides a comprehensive view of the tanker industry in the United States, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.<\/p>\n<p class=\"fs-5\">Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the tanker landscape in the United States.<\/p>\n<p>Quick navigation<br \/>\nKey findings<\/p>\n<p>  Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.<br \/>\n  Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.<br \/>\n  Supply depends on input availability and production efficiency, creating a distinct national cost curve.<br \/>\n  Market concentration varies by segment, creating different competitive landscapes and entry barriers.<br \/>\n  The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.<br \/>\nReport scope<\/p>\n<p class=\"fs-5\">The report combines market sizing with trade intelligence and price analytics for the United States. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.<\/p>\n<p>  Market size and growth in value and volume terms<br \/>\n  Consumption structure by end-use segments<br \/>\n  Production capacity, output, and cost dynamics<br \/>\n  Trade flows, exporters, importers, and balances<br \/>\n  Price benchmarks, unit values, and margin signals<br \/>\n  Competitive context and market entry conditions<br \/>\nProduct coverageProdcom 30112210 &#8211; Crude oil tankersProdcom 30112230 &#8211; Oil product tankersProdcom 30112250 &#8211; Chemical tankersProdcom 30112270 &#8211; Gas carriersCountry coverageCountry profile and benchmarks<\/p>\n<p class=\"fs-5\">This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for the United States. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.<\/p>\n<p>Methodology<\/p>\n<p class=\"fs-5\">The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.<\/p>\n<p>  International trade data (exports, imports, and mirror statistics)<br \/>\n  National production and consumption statistics<br \/>\n  Company-level information from financial filings and public releases<br \/>\n  Price series and unit value benchmarks<br \/>\n  Analyst review, outlier checks, and time-series validation<\/p>\n<p class=\"fs-5\">All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.<\/p>\n<p>Forecasts to 2035<\/p>\n<p class=\"fs-5\">The forecast horizon extends to 2035 and is based on a structured model that links tanker demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in the United States.<\/p>\n<p>  Historical baseline: 2012-2025<br \/>\n  Forecast horizon: 2026-2035<br \/>\n  Scenario-based sensitivity to income growth, substitution, and regulation<br \/>\n  Capacity and investment outlook for major producing companies<\/p>\n<p class=\"fs-5\">Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.<\/p>\n<p>Price analysis and trade dynamics<\/p>\n<p class=\"fs-5\">Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.<\/p>\n<p>  Price benchmarks by country and sub-region<br \/>\n  Export and import unit value trends<br \/>\n  Seasonality and calendar effects in trade flows<br \/>\n  Price outlook to 2035 under baseline assumptions<br \/>\nProfiles of market participants<\/p>\n<p class=\"fs-5\">Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.<\/p>\n<p>  Business focus and production capabilities<br \/>\n  Geographic reach and distribution networks<br \/>\n  Cost structure and pricing strategy indicators<br \/>\n  Compliance, certification, and sustainability context<br \/>\nHow to use this report<\/p>\n<p>  Quantify domestic demand and identify the most attractive segments<br \/>\n  Evaluate export opportunities and prioritize target destinations<br \/>\n  Track price dynamics and protect margins<br \/>\n  Benchmark performance against leading competitors<br \/>\n  Build evidence-based forecasts for investment decisions<\/p>\n<p class=\"fs-5\">This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of tanker dynamics in the United States.<\/p>\n<p>FAQ<br \/>\nWhat is included in the tanker market in the United States?<\/p>\n<p class=\"fs-5\">The market size aggregates consumption and trade data, presented in both value and volume terms.<\/p>\n<p>How are the forecasts to 2035 built?<\/p>\n<p class=\"fs-5\">The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.<\/p>\n<p>Does the report cover prices and margins?<\/p>\n<p class=\"fs-5\">Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.<\/p>\n<p>Which benchmarks are included?<\/p>\n<p class=\"fs-5\">The report benchmarks market size, trade balance, prices, and per-capita indicators for the United States.<\/p>\n<p>Can this report support market entry decisions?<\/p>\n<p class=\"fs-5\">Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.<\/p>\n<p>\t\t\t\t\t\t1. INTRODUCTION<\/p>\n<p class=\"text-secondary fs-6\">Report Scope and Analytical Framing<\/p>\n<p>Report DescriptionResearch Methodology and the Analytical FrameworkData-Driven Decisions for Your BusinessGlossary and Product-Specific Terms2. EXECUTIVE SUMMARY<\/p>\n<p class=\"text-secondary fs-6\">Concise View of Market Direction<\/p>\n<p>Key FindingsMarket TrendsStrategic ImplicationsKey Risks and Watchpoints3. DOMESTIC MARKET SIZE AND DEVELOPMENT PATH<\/p>\n<p class=\"text-secondary fs-6\">Market Size, Growth and Scenario Framing<\/p>\n<p>Market Size: Historical Data (2012-2025) and Forecast (2026-2035)Growth Outlook and Market Development Path to 2035Growth Driver DecompositionScenario Framework and Sensitivities4. CATEGORY SCOPE, DEFINITIONS AND BOUNDARIES<\/p>\n<p class=\"text-secondary fs-6\">Commercial and Technical Scope<\/p>\n<p>What Is Included and How the Market Is DefinedMarket Inclusion CriteriaProduct \/ Category DefinitionExclusions and BoundariesDistinction From Adjacent Products and Substitute Categories5. CATEGORY STRUCTURE, SEGMENTATION AND PRODUCT MATRIX<\/p>\n<p class=\"text-secondary fs-6\">How the Market Splits Into Decision-Relevant Buckets<\/p>\n<p>By Product Type \/ ConfigurationBy Application \/ End UseBy Customer \/ Buyer TypeBy Channel \/ Business Model \/ Technology PlatformSegment Attractiveness MatrixProduct Matrix and Segment Growth Logic6. DOMESTIC DEMAND, CUSTOMER AND BUYER ARCHITECTURE<\/p>\n<p class=\"text-secondary fs-6\">Where Demand Comes From and How It Behaves<\/p>\n<p>Consumption \/ Demand: Historical Data (2012-2025) and Forecast (2026-2035)Demand by End-Use and Buyer GroupDemand by Customer \/ Consumer SegmentPurchase Criteria, Switching Logic and Adoption BarriersReplacement, Replenishment and Installed-Base DynamicsFuture Demand Outlook7. DOMESTIC PRODUCTION, SUPPLY AND VALUE CHAIN<\/p>\n<p class=\"text-secondary fs-6\">Supply Footprint and Value Capture<\/p>\n<p>Production in the CountryDomestic Manufacturing FootprintCapacity, Bottlenecks and Supply RisksValue Chain Logic and Margin PoolsDistribution and Route-to-Market Structure8. IMPORTS, EXPORTS AND SOURCING STRUCTURE<\/p>\n<p class=\"text-secondary fs-6\">Trade Flows and External Dependence<\/p>\n<p>ExportsImportsTrade BalanceImport DependenceSourcing Risks and Resilience9. PRICING, PROMOTION AND COMMERCIAL MODEL<\/p>\n<p class=\"text-secondary fs-6\">Price Formation and Revenue Logic<\/p>\n<p>Domestic Price Levels and CorridorsPricing by Segment \/ Specification \/ ChannelCost Drivers and Margin LogicPromotion, Discounting and Procurement PatternsRevenue Quality and Commercial Levers10. COMPETITIVE LANDSCAPE AND PORTFOLIO POWER<\/p>\n<p class=\"text-secondary fs-6\">Who Wins and Why<\/p>\n<p>Market Structure and ConcentrationCompetitive ArchetypesSegment-by-Segment Competitive IntensityPortfolio Breadth and Product PositioningCapability MatrixStrategic Moves, Partnerships and Expansion Signals11. DOMESTIC MARKET STRUCTURE AND CHANNEL LOGIC<\/p>\n<p class=\"text-secondary fs-6\">How the Domestic Market Works<\/p>\n<p>Core Demand CentersLocal Production and Distribution RolesChannel StructureBuyer and Procurement ArchitectureRegional Imbalances Within the Country12. GROWTH PLAYBOOK AND MARKET ENTRY<\/p>\n<p class=\"text-secondary fs-6\">Commercial Entry and Scaling Priorities<\/p>\n<p>Where to PlayHow to WinDistributor \/ Partner \/ Direct Entry OptionsCapability ThresholdsEntry Risks and Mitigation13. WHERE TO PLAY NEXT: MOST ATTRACTIVE GROWTH OPPORTUNITIES<\/p>\n<p class=\"text-secondary fs-6\">Where the Best Expansion Logic Sits<\/p>\n<p>Most Attractive Product NichesMost Attractive Customer SegmentsWhite Spaces and Unsaturated OpportunitiesHigh-Margin and Underpenetrated PocketsMost Promising Product Adjacencies14. PROFILES OF MAJOR COMPANIES<\/p>\n<p class=\"text-secondary fs-6\">Leading Players and Strategic Archetypes<\/p>\n<p>Leading Manufacturers and SuppliersProduction Footprint and CapacitiesProduct Portfolio and Segment FocusPricing Positioning and Indicative Price LogicChannel \/ Distribution StrengthStrategic Archetypes15. METHODOLOGY, SOURCES AND DISCLAIMER<\/p>\n<p class=\"text-secondary fs-6\">How the Report Was Built<\/p>\n<p>Modeling LogicSource RegisterPublications, Regulatory and Industry ReferencesAnalytical NotesDisclaimer\t\t\t\t\t<\/p>\n<p>Loading News content from Store report&#8230;<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\tEuronav<\/p>\n<p class=\"companies-card__summary\">Major global operator, US HQ<\/p>\n<p>International Seaways<\/p>\n<p class=\"companies-card__summary\">One of largest US public tanker companies<\/p>\n<p>DHT Holdings<\/p>\n<p class=\"companies-card__summary\">Operational management in USA<\/p>\n<p>Ardmore Shipping<\/p>\n<p class=\"companies-card__summary\">Eco-design focus<\/p>\n<p>Scorpio Tankers<\/p>\n<p class=\"companies-card__summary\">Major product carrier operator, US ops<\/p>\n<p>Overseas Shipholding Group (OSG)<\/p>\n<p class=\"companies-card__summary\">US Flag fleet operator<\/p>\n<p>KNOT Offshore Partners<\/p>\n<p class=\"companies-card__summary\">US listed, operational ties<\/p>\n<p>Capital Product Partners L.P.<\/p>\n<p class=\"companies-card__summary\">US listed partnership<\/p>\n<p>Teekay Tankers<\/p>\n<p class=\"companies-card__summary\">Significant US operational presence<\/p>\n<p>Nordic American Tankers (NAT)<\/p>\n<p class=\"companies-card__summary\">US listed, uniform fleet<\/p>\n<p>Torm plc<\/p>\n<p class=\"companies-card__summary\">US operational office<\/p>\n<p>Koch Industries (Marine Unit)<\/p>\n<p class=\"companies-card__summary\">Private conglomerate with shipping<\/p>\n<p>American Petroleum Tankers<\/p>\n<p class=\"companies-card__summary\">Jones Act focused<\/p>\n<p>Seabulk Tankers<\/p>\n<p class=\"companies-card__summary\">Part of SEACOR Holdings<\/p>\n<p>Maersk Tankers (US Office)<\/p>\n<p class=\"companies-card__summary\">US commercial office<\/p>\n<p>Hornbeck Offshore<\/p>\n<p class=\"companies-card__summary\">Specialized offshore tankers<\/p>\n<p>Crowley Maritime<\/p>\n<p class=\"companies-card__summary\">Jones Act tank barge operator<\/p>\n<p>Keystone Shipping<\/p>\n<p class=\"companies-card__summary\">Technical ship management<\/p>\n<p>Liberty Global Logistics<\/p>\n<p class=\"companies-card__summary\">Dry and wet bulk chartering<\/p>\n<p>Vitol (Shipping Arm)<\/p>\n<p class=\"companies-card__summary\">Major trader&#8217;s shipping activities<\/p>\n<p>World Fuel Services (Marine)<\/p>\n<p class=\"companies-card__summary\">Logistics and chartering<\/p>\n<p>Harvey Gulf International<\/p>\n<p class=\"companies-card__summary\">US Gulf focused<\/p>\n<p>Centerline Logistics<\/p>\n<p class=\"companies-card__summary\">US coastwise tank barge operator<\/p>\n<p>Maritrans<\/p>\n<p class=\"companies-card__summary\">US Gulf and East Coast<\/p>\n<p>Genesis Marine<\/p>\n<p class=\"companies-card__summary\">US inland and coastal<\/p>\n<p>Bouchard Transportation<\/p>\n<p class=\"companies-card__summary\">Coastal tank barge operator<\/p>\n<p>Moran Towing<\/p>\n<p class=\"companies-card__summary\">Harbor and coastal tug\/barge<\/p>\n<p>Vane Brothers<\/p>\n<p class=\"companies-card__summary\">US East Coast<\/p>\n<p>McAllister Towing &amp; Transportation<\/p>\n<p class=\"companies-card__summary\">Harbor and coastal services<\/p>\n<p>Kinsale Capital (Shipping Investments)<\/p>\n<p class=\"companies-card__summary\">Investment in tanker assets<\/p>\n<p>Loading Reviews content from Store report&#8230;<\/p>\n<p>Loading Dashboard content from Store report&#8230;<\/p>\n<p>Loading Macro Indicators content from Store report&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Jun 11, 2026 The American Bureau of Shipping (ABS), a classification society, has entered into a joint development&hellip;\n","protected":false},"author":2,"featured_media":60418,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[29714,7283,3203,34009,716,717,295,34007,29713,34008,29715,29712],"class_list":["post-60417","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hd-hyundai-heavy","tag-000-dwt","tag-7283","tag-abs","tag-classification-society","tag-hd-hyundai-heavy","tag-hd-hyundai-heavy-industries","tag-hyundai","tag-joint-development-agreement","tag-oil-and-chemical-tanker","tag-shipbuilding-revitalization","tag-u-s-coast-guard","tag-u-s-flagged-tanker"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/60417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=60417"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/60417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/60418"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=60417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=60417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=60417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}