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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

Bloomberg TV interview with Rahul Kapoor, Drewry Maritime Financial Research Services

Bloomberg TV interview with Rahul Kapoor, Drewry Maritime Financial Research Services
Rahul Kapoor, Head of Drewry Financial Research Services discussing the recovery prospects for the shipping industry post-Hanjin, and the areas where pain continues to be felt.

Container port and shipping market challenges

Neil Davidson, Senior Analyst Ports & Terminals at Drewry, discussing ways Ports and Carriers can better collaborate

Continued oversupply to put further pressure on LPG shipping rates

LPG shipping trade will continue to grow at a healthy pace on the back of strong Asian demand, but fleet growth will outpace it, keeping rates under pressure in 2017, according to Drewry’s latest LPG Forecaster.

Improving demand to ease oversupply in dry bulk shipping

With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to Drewry’s latest Dry Bulk Forecaster.

Events

17th Annual TPM Conference

Drewry’s Head of Supply Chain Advisors, Philip Damas, will be discussing terminal efficiency and selection by BCOs.