Tanker shipping

Methanol - a bright future as a marine fuel
Drewry believes methanol can play a major role in meeting the IMO’s emissions reduction targets for the maritime sector for 2030 and zero-emission targets for 2050.

01 Apr 2021: India’s decision to diversify its crude imports will have little impact on the crude tanker rates
India’s recent decision to diversify crude imports to reduce the dependence on Middle Eastern crude will have little impact on the freight rates in the crude tanker market. Although an increase in long-haul crude imports by India from the Atlantic basin will boost tonne-mile demand for crude tankers in the short term,  ongoing oversupply in the market will cap any surge in freight rates.

01 Feb 2021: China's self-sufficiency in paraxylene to impact chemical shipping market in 2021
China’s increasing production of paraxylene will reduce imports from South Korea and Japan, putting pressure on freight rates on intra-Asia routes in 2021.

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.