U.S. OIL IMPORTS 1971-1985--REPERCUSSIONS ON THE WORLD TANKER AND OIL INDUSTRIES

This study shows the often reported expanding market for petroleum products in the U.S. but sheds new light on the international and national movement of petroleum products and in particular how these movements will effect the need for tankers. Criticism is made of the shipbuilding program created by the Merchant Marine Act of 1970 and administered by the Maritime Administration in that the ships receiving construction subsidy are not of series design and build and therefore will be too expensive to operate in international competitive trade. Projections show a continuing demand for all sizes of tankers and OBO's. A need for more 80,000 dwt vessels than currently planned for the clean trade is seen throughout the 1970's. The world cross trading in petroleum products is shown in light of U.S. demand. How U.S. demand may influence this trading and need for tankers is fully projected and explained.

• Corporate Authors:

  Drewry (HP) (Shipping Consultants) Limited

  Palladium House, 1-4 Argyll Street
  London W1V 1AD,   England 
• Publication Date: 1973-5

Media Info

• Pagination: 123 p.

Subject/Index Terms

• TRT Terms: Economic analysis; Economic forecasting; Economics; Shipping; Tanker shipping; Trend (Statistics)
• Old TRIS Terms: Shipping economics; Shipping forecasts; Tanker economics
• Subject Areas: Economics; Marine Transportation;

Filing Info

• Accession Number: 00046170
• Record Type: Publication
• Source Agency: Drewry (HP) (Shipping Consultants) Limited
• Files: TRIS
• Created Date: Oct 31 1974 12:00AM