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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

Ship operating costs stabilise as market recovery lifts pressure

Ship operating costs stabilise as market recovery lifts pressure
The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, according to Drewry’s latest Ship Operating Costs Annual.

Slowdown in China’s crude stoking activity to hurt tonnage demand in the crude tanker shipping market in 2018

Crude tanker freight rates are expected to decline further in 2018 following a sharp decline in 2017, according to Drewry’s latest Tanker Forecaster.

Drewry announces appointment of new Senior Quantitative Economist

Drewry appoints Mario O. Moreno as Senior Quantitative Economist.

A better outlook for chemical tankers

Subdued ordering and a narrowing in the tonnage supply-demand gap from late 2018 is expected to support a recovery in the chemical shipping market, according to Drewry’s latest Chemical Forecaster.

Events

Intermodal Europe

Drewry to present the outlook for global container shipping.

Global Container Port Industry Briefing

Join us at 0900 GMT on Tues, 5 December 2017 for an online briefing on the key trends and developments in the global container port and terminal industry. The session will be hosted by Neil Davidson, Senior Analyst in Drewry’s Ports and Terminals practice and Martin Dixon, Director - Head of Research Products. Both executives will be available to take questions following a short 20 minute presentation.

Port Technology Container Terminal Automation Conference

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