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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

Capesize charter rates expected to keep increasing despite trade war uncertainties

Capesize charter rates expected to keep increasing despite trade war uncertainties
Drewry maintains a positive outlook on the dry bulk market and expects charter rates to improve from current levels, according to its latest Dry Bulk Forecaster.

Reefer container trade expansion to support freight rates

Despite moderating perishable seaborne trade growth, continued modal shift will sustain expansion in the containerised reefer trade and so support freight rate development, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2018/19 report.

Container terminal utilisation levels set to rise... trade wars permitting

The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies, according to Drewry’s latest Global Container Terminal Operators Annual Review and Forecast.

Challenges and opportunities for the global port and shipping industry

Presentation given by Neil Davidson, Drewry Senior Analyst Ports and Terminals at the China Maritime Day Forum, 11 July 2018.

Events

Outlook for Seafarer Costs Trends Briefing

Join us at 0900 BST or 1600 BST on Tues, 25 September 2018 for an online briefing on the outlook for seafarer availability and costs. The webinar presentation will provide Drewry’s projections for the supply / demand of officers, together with the latest assessments and forecasts for seafarer costs across the main deepsea cargo vessel sectors. The session will be hosted by Martin Dixon, Director of Research Products and Latifat Igbinosun, Senior Market Analyst at Drewry.

Maritime HR & Crew Management

Latifat Igbinosun to discuss the outlook for crew costs and the implications of new technology.