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Maritime Research

Product Tanker Market Annual Review and Forecast 2015/16

Annual Review and Forecast

August 2015

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Product Tanker Market Annual Review and Forecast

Annual review and forecast

This report dissects the complex products seaborne trade to reveal – for the first time - the individual growth trajectories of its main components – naphtha, gasoline, jet fuel (kerosene), gasoil (diesel) and fuel oil.

 

It illustrates how the map of seaborne refined products movements has been radically redrawn in recent years to accommodate profound shifts in supply and demand for refined products.

 

The report present our detailed analysis on actual products-trading fleet, which has been determined using our latest two-step methodology for fleet classification - whereby the fleet is first classified according to technical vessel specifications (such as IMO class, type of tank coating, average tank size etc.) and then on the basis of the current trading status of each vessel (whether carrying refined products, chemicals or crude oil).

 

It establishes a prognosis and provides 5-year projections of key market indicators such as refined products supply, demand, balance, trade, and tonne-mile demand, tonnage supply and freight rates.


More Information

Fast facts

  • Comprehensive, annual sector report
  • Report tables, charts and grahps provided in flexible MS Excel format

News

Multipurpose shipping market to strengthen on growing demand

Multipurpose shipping market to strengthen on growing demand
Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to Drewry’s latest Multipurpose Forecaster.

2nd Edition Report assessing the financial health of the container shipping industry now available

Drewry Financial Research Services Ltd., the investment research arm of global shipping consultancy Drewry, is pleased to announce the launch of its 2nd Edition special report into the financial health of the global container shipping industry.

LPG freight rate recovery to be confined to smaller vessels

Vessel oversupply will persist in the LPG shipping market for the next two years, keeping freight rates under pressure across most size segments, with any recovery being confined to smaller vessels, according to Drewry’s latest LPG Forecaster.

Scrapping to determine the pace of recovery for tanker shipping market

Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery, with scrapping levels influencing the pace of any upturn, according to Drewry’s latest Tanker Forecaster.

Events

TOC Europe

Container Trade Europe

Come and see Drewry share its latest maritime research insights at JOC Container Trade Europe Event

Cool Logistics Global

Meet Drewry Supply Chain Advisors at Cool Logistics Global