Job Search
  CV Search
Energy efficiency in shipping why it matters
Are electric vessels the wave of the future in shipping
Tanker Scrapping in 2018 Already As High As the Whole of 2017
S.Korea fuel oil imports soar as coal nuclear plants shut
Dubai Weakness Promotes AG Exports

Maritime News

Tanker fleet to grow three times demand : CLARKSON


The global oil tanker fleet will expand almost three times more quickly than demand this year, according to Clarkson Research Services Ltd, a unit of the world's largest shipbroker.

Demand will climb 2.7 per cent as the fleet of 5,600 vessels swells by 7.5 per cent, Clarkson said in its Oil & Tanker Trades Outlook, published recently. Only one ship class—Panamaxes, the largest tankers that can navigate the Panama Canal—will shrink in relation to demand, the report said.
"Many tanker-owning companies are set to endure several months of hardship, as a patchy outlook for oil demand in the remainder of the year is set against an oversupplied fleet," Clarkson said.
Owners are contending with the biggest glut of new vessels in 29 years at the same time that higher fuel costs, their main expense, have driven earnings for Supertankers to the lowest level since 2002. The price of ship fuel, or bunkers, has jumped 26 per cent this year to $624.39 a metric tonne, according to data.
Demand for Suezmax tankers, each able to carry one million barrels of crude, will fall 0.9 per cent while the fleet expands by 4.5 per cent, according to Clarkson.
The number of very large crude carriers, that can haul two million barrels, will climb 16 per cent as demand gains 7.1 per cent, the report showed.
Panamaxes in service will drop 1.2 per cent on increased scrapping as demand slips 0.4 per cent, Clarkson said.
Seaborne oil exports will rise 3 per cent to 37.6 million barrels a day, the report showed.
Clarkson predicted a 2 per cent drop in European imports to 8.9 million barrels a day and lowered its estimate for this year's crude imports into China, the world's second-largest consumer, to a daily 4.8 million barrels from 4.9 million barrels last month.

Date: 02 Sept 2011                                                                         Source:


 Featured Company
Summai Shipping Pvt.Ltd.,India MMS Maritime (India) Pvt.Ltd,India AMSWAY SHIP MANAGEMENT PRIVATE LIMITED,India
Vertitide Ship Management Pvt.Ltd.,India Seashell Marine Service Pvt. Ltd,India East India Shipping Agency,India
Campbell Shipping Pvt. Ltd.,India Phelix Shipping Ventures Pvt. Ltd,India I-Marine Infratech (India) Pvt. Ltd,India
Coastal Shipping Links(India) Pvt.Ltd,India DMC SHIP MANAGMENT PVT LTD ,India Unimar Marine Services Pvt. Ltd.,India
Three Bees Shipping Pvt. Ltd,India Ocean Glaxy Marine Pvt. Ltd.,India VR MARITIME SERVICES PVT LTD,India
Seaprime Marine Mgmt Pvt.Ltd,India sarwamangla Marine Pvt Ltd,India Twilight Shipping,India
Indocean Maritime Services Pvt Ltd,India Valaf DMCC,India Lilly Maritime Pvt. Ltd.,India
Neptune Ship Management ,India Nimbusmaritime Service,India MMS Americas LLC,India
Amag Ships Pvt. Ltd.,India Blue Whale Maritime,India RAMAN MARITIME ACADEMY PVT. LTD.,India
DEMENTUS SHIP MANAGEMENT INDIA PVT LTD,India Eklavya Ship Management,India Penta Crystal Ship Management,India
Oceanic Shipping Services Private Limited,India Synergy Maritime Recruitment Services Pvt Ltd,India MAERSK ,India
SeaJobhunt,India APAC Marine Services Pvt. Ltd,India Angel Maritime (India) Services ,India
Albatross  Marine Services  ,India AET Shipmanagement (India) Pvt. Ltd,India Helm Shipping Management Private Limited,India
SHRI MAHAVIR MARINE SERVICES PVT LTD,India Ind-Aust Maritime Pvt. Ltd,India Bridgeview Maritime Pvt.Ltd,India
Calm Seas Shipping and Maritime Services,India Ad Ship Management pvt. Ltd,India Tristarr Maritime And Shipping Private Limited,India

Copyrights © 2012
Terms and Conditions  -   Sitemap  -   Private Policy  -   FAQ  -   Contact Us
Site By : Pheunix