Some 80 vessels make up the "parcel carrier" fleet--the smallest and most sophisticated sector of the world of tankers. These deep sea ships, mostly operated on liner type services, are all between 10,000 to 35,000 dwt and total just 2.1m dwt, or less than 1% of total tanker supply. With just three major operators controlling 76% of the fleet, it is perhaps surprising to discover that this is not the highly profitable, protected market that it is often taken for. By far the most important type of cargo for the parcel carrier is petrochemical, accounting for something like 4-/50% of all bulk liquids carried. It is this group of cargoes for which the parcel carrier is primarily designed and operated rather than the other liquid cargoes which fill up the remainder of the fleet's carrying capacity. This article examines the parcel carrier industry in some detail, noting that the industry reflects many of the difficulties facing bulk shipping generally, i.e., cyclical freight rates and investment.

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    Lloyd's of London Press Limited

    Sheepen Road
    Colchester, Essex CO3 3LP,   England 
  • Publication Date: 1979-5

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  • Accession Number: 00316216
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 8 1980 12:00AM