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Tanker Shipping

Tanker Shipping - Latest thinking


08 May 2018: Tanker market anxiously waits for Trump to show cards on Iran

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Overview

Advisory expertise

Related Research

Key Contacts

Rajesh Verma

Rajesh Verma

Lead Analyst, Tanker Shipping
Hu Qing

Hu Qing

Lead Analyst, Drewry Maritime Research
Nikesh Shukla

Nikesh Shukla

Lead Equity Analyst, Drewry Financial Research Services

Tanker shipping



Latest opinion: 17 May 2018

The United States (US) unilateral withdrawal from the Iran Nuclear Deal is unlikely to have any significant impact on the global crude oil trade and tonnage demand in the tanker market,as long as the deal is honored by the other signatories, and Saudi Arabia and other producers are willing to fill the possible shortage in global oil supply.

Recent opinion: 08 May 2018
Tanker market anxiously waits for Trump to show cards on Iran
May 12 is the deadline for the US to decide whether or not to waive sanctions on Iran as part of the 2015 nuclear deal which allowed Tehran to resume oil exports in exchange for curbs on its nuclear program. Although there are more questions than answers at this stage, the re-imposition of sanctions would cause a significant tightening of global oil supply-demand balance.

Recent opinion: 02 May 2018
Chinese teapots - a godsend for product tankers
China’s oil products’ exports have historically supported product tanker employment. The good news is that high crude oil import quotas allotted by Beijing, coupled with planned refinery capacity additions this year, signal that Chinese products’ exports will remain elevated and support MR and LR employment in 2018.


From product tankers to VLCCs we have the market covered

Our tanker shipping practice is highly respected in the industry and is regularly followed and referenced in both industry and mainstream media. The team is responsible for maintaining extensive information resources and conducting weekly, monthly and annual analysis on the sector and assessing the impact of macroeconomic as well as regulatory and environmental change on the sector.

In addition to detailed market analysis and rigorous forecasting, we offer market leading analysis of crude oil, products and chemical shipping markets, covering all the principle vessel categories, as well as appraisals of shipping finances, including pricing, operating costs, vessel values and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.

Our consultants typically provide charterers in industrial and utility sectors with seafreight procurement advice, shipowners with market entry strategies and commercial and operational due diligence for investors and lenders. Meanwhile, our team of financial research specialists provides actionable insight on the leading tanker shipowners. 

An elite and diverse group of industry stakeholders from shipowners, to charterers, port authorities, investors and financial intermediaries rely on our range of weekly, monthly and annual market research, sector expertise and commercial experience to help inform decisions, reduce costs and drive performance improvement.

Key Contacts

Rajesh Verma

Rajesh Verma

Lead Analyst, Tanker Shipping
Hu Qing

Hu Qing

Lead Analyst, Drewry Maritime Research
Nikesh Shukla

Nikesh Shukla

Lead Equity Analyst, Drewry Financial Research Services

Key Contacts

Rajesh Verma

Rajesh Verma

Lead Analyst, Tanker Shipping
Hu Qing

Hu Qing

Lead Analyst, Drewry Maritime Research
Nikesh Shukla

Nikesh Shukla

Lead Equity Analyst, Drewry Financial Research Services

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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.

Recent Projects

Oversight supervision of MR tankers construction

A private equity firm contacted Drewry to be oversight supervisor for the construction of six MR tankers.
Advisory services in tanker shipping

Advisory services in tanker shipping

We offer specialist advisory services to support your operational, planning, strategic and investment needs. As well as operational and technical due diligence services we also conduct bespoke market analysis, financial modelling and feasibility studies to support the commercial and strategic objectives of owners and operators, government agencies, lenders and investors with interests in the sector.

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Tanker Forecaster (Annual Subscription)

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Quarterly Forecaster · Latest release 30 Apr 2018


Our quarterly appraisal of the global oil and product tanker shipping market, providing 5 year forecasts for the market, detailed assessments and forecasts of Product, Panamax, Aframax, Suezmax and VLCC supply and demand, charter market activity, freight rates and much more. All quarterly report updates are accompanied by tables and charts in MS Excel format. This Forecaster annual subscription package now includes FREE Monthly Supplements.

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