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Tanker Shipping

Tanker Shipping - Latest thinking


14 August 2018: As we look to 2020, we explore the dilemma of fitting scrubbers

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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: 14 August 2018

The dilemma of fitting scrubbers
The uncertainty about what will happen to bunker prices after 2020 is creating something of a dilemma for tanker owners. We explore whether they should opt for scrubbers or not.

10 Jul 2018 Re-imposed Iran sanctions by the US will have a limited impact on the chemical shipping market
Methanol exports to India and China will surge on the back of planned capacity additions and demand in both countries.

05 Jul 2018: OPEC’s push gets a Trump punch
OPEC’s decision to bring down compliance to 100% might have averted significant inventory drawdowns, but Trump’s push against Iranian oil is a threat to the global oil market, as OPEC’s spare capacity will be reduced to less than 1mbpd.

17 May 2018: US sanctions on Iran to have limited effect on crude trade and tanker demand
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.


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

Related News

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.

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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