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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

Depressed outlook for long-haul routes in chemical shipping market

Depressed outlook for long-haul routes in chemical shipping market
Chemical shipping freight rates will weaken through 2018 due to the depressed outlook on overtonnaged long haul routes, according to Drewry’s latest Chemical Forecaster.

Slippages from 2017 to prevent recovery of LNG shipping charter rates in 2018

Increasing vessel supply will keep LNG charter rates under pressure in 2018, despite strong growth in trade, according to Drewry’s latest LNG Forecaster.

Drewry’s Global Reefer Freight Rate Index increases for 4th consecutive quarter

Drewry’s Global Reefer Freight Rate Index has recorded only increases over the last 12 months, even during off-peak seasons.

Drewry spend analytics and benchmarking services move online

Members of the Drewry Benchmarking Club now have access to automated online analytics and benchmarking to support their tender management and cost monitoring processes.

Events

Ship Operating Costs Trends Briefing

Join us at 0900 GMT or 1700 GMT on Tues, 20 February 2018 for an online briefing on the key trends and developments in ship operating costs. The webinar presentation will analyse recent trends and outlook in the main expenditure elements of vessel operating costs, covering 45 different ship types and sizes across all the main cargo shipping markets. The session will be hosted by Martin Dixon, Director of Research Products and Latifat Igbinosun, Senior Market Analyst at Drewry.

18th TMP Annual Conference

Chas Deller to discuss Global Ocean freight procurement and present Drewry’s outlook for the sector.

Port Technology Container Terminal Automation Conference

Neil Davidson to speak in the opening session discussing Drewry’s outlook for the sector.