OBO's, with a capacity of 23.5 million DWT at end-1980, now outnumber ore-oil ships, but account for under half the total combined carrier tonnage, due to their smaller average size. Able to carry crude oil, or, alternatively, cargoes of iron ore, coal, grain, etc, the modern OBO offers considerable operational flexibility, enabling the owner, in theory, to exploit trading opportunities in both oil and dry bulk trades. In practice, however, it has proved difficult to do so, due to various factors, and, in fact, the pattern of OBO employment has changed considerably in recent years. Oil movements still occupy part of the fleet, but long-haul ore and coal trades are the largest employers of OBO's and the Study will review trading prospects for ships of this type in the light of developments taking place in both markets. Statistics will be presented to show the past performance of the fleet, detailing the principal trading routes and the cargoes carried, as well as the composition of the existing fleet, and the present orderbook. The Study will conclude with an assessment of longer-term prospects for OBO's in oil and dry bulk trades, comparing the supply of such ships with prospective demand.

  • Supplemental Notes:
    • One of a series of ten Shipping Studies to be published in 1981 by HPD Shipping Publications. Cost per copy is $110.00, the entire series of ten $620.00.
  • Corporate Authors:

    HPD Shipping Publications

    34 Brook Street, Mayfair
    London W1Y 2LL,   England 
  • Publication Date: 1981

Media Info

  • Pagination: n.p.

Subject/Index Terms

Filing Info

  • Accession Number: 00330314
  • Record Type: Publication
  • Report/Paper Numbers: No. 97
  • Files: TRIS
  • Created Date: May 21 1981 12:00AM