A new research document with title ‘Global Tanker Shipping Market 2018-2022’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as AET Tankers, Bahri etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2022
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HTF recognizes the following companies as the key players in the global tanker shipping market: AET Tankers, Bahri, Euronav, Mitsui O.S.K. Lines (MOL), and Teekay.
Commenting on the report, an analyst from HTF’s team said: “One trend in the market is advances in propulsion system of tankers. Marine two-stroke diesel engines have largely replaced marine steam turbine engines as two-stroke diesel engines are more economical than steam turbine engines for commercial purposes. Moreover, technological advances have led to the development of cross compound double reduction steam turbines.”
The analysts forecast the global tanker shipping market to grow at a CAGR of 5.13% during the period 2018-2022.
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According to the report, one driver in the market is growth in global oil and gas logistics market. The demand for oil and gas is expected to increase during the forecast period, as global crude oil prices have been declining since 2012. The global demand for liquid hydrocarbons is expected to reach around 97 million barrels per day by 2020, registering a y-o-y growth rate of 1.2%. The global average oil demand is further expected to reach around 103 mb/d- 106 mb/d by 2030.
Further, the report states that one challenge in the market is fluctuation in Baltic dry index. The global tanker shipping that encompasses the transportation of crude oil, chemicals, and refined petroleum products is witnessing fluctuations in the Baltic dry index, an economic indicator related to the average index of moving goods in the sea by considering 23 global shipping routes. A high Baltic dry index reflects that the demand of the tanker ship is more when compared with its supply.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 08: MARKET SEGMENTATION BY TANKER TYPE
• Segmentation by tanker type
• Comparison by tanker type
• Oil tankers – Market size and forecast 2017-2022
• Liquid gas tankers – Market size and forecast 2017-2022
• Market opportunity by tanker type
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• APAC – Market size and forecast 2017-2022
• EMEA – Market size and forecast 2017-2022
• Americas – Market size and forecast 2017-2022
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