A unique feature of this report is that tanker demand has been forecast separately for each size of tanker on the basis of the known pattern of ship employment in the Base Year (rather than the more usual approach of forecasting total tanker demand and then attempting to sub-divide this demand between various sizes of ship). After establishing a data base and detailing the methodology used in making the demand and supply projections, the study quantifies likely demand and supply for four sizes of tanker (10-60,000 DWT, 60-100,000DWT 100-175,000 DWT and 175,000 DWT +) for each year up to 1990. These base projections have then been modified by the application of a range of assumptions regarding key variables, such as the efficiency with which tankers are operated and the level of tanker scrappage, to develop several demand and supply cases. The surplus/deficit of tanker supply in each case and for each forecast year is indicated with special reference to the cases most likely to occur, and the implications of the analysis for anyone owning or wishing to acquire tanker tonnage are discussed. The concluding section of the report highlights those sectors of the future tanker fleet where a large shortage of available tonnage is likely to generate particularly attractive investment opportunities.

  • Corporate Authors:

    Drewry (HP) (Shipping Consultants) Limited

    Research Division, 24 Brook Street
    London W1Y 2LL,   England 
  • Publication Date: 1980

Media Info

  • Pagination: n.p.

Subject/Index Terms

Filing Info

  • Accession Number: 00309422
  • Record Type: Publication
  • Report/Paper Numbers: Survey, No. 21
  • Files: TRIS
  • Created Date: Apr 22 1980 12:00AM