Crude Oil Carriers - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Crude Oil Carriers market is accounted for $172.67 billion in 2017 and is expected to reach $250.04 billion by 2026 growing at a CAGR of 4.1% during the forecast period. Some of the major factors fuelling the market include increasing demand for bulk oil transportation services and facilities, rapid industrialization longer hauls and less triangulation options to reduce ballasting. In addition to this, lower costs of bunker fuels and trending of low global oil prices. However concerns regarding seasonal variations and high logistics expenditure are hampering the market growth.
On the basis of Vessel type, Very large crude carrier and ultra large crude carrier are known as super tankers. Its role and scope becomes far more feasible as they help to transport huge quantities of crude oil across the oceans and seas as they can carry huge quantities of crude oil in bulk, therefore economies of scale can be greatly realized. ULCCs and VLCCs have extremely high carrying capacity of over 250,000 DWT, allowing crude transportation of upto 550,000 DWT.
Asia Pacific witnessed largest market share as they own and operate most of the crude oil carriers. North America is also expected to present profitable opportunities for carriers over the forecast period owing to high crude oil production in the U.S, mainly in the states of Texas, North Dakota, and California as well as in the Gulf of Mexico.
Some of the key players in Crude oil Carrier include AET, Teekay Corporation, Sovcomflot Group, Overseas Shipholding Group (OSG), OMAN SHIPPING COMPANY S.A.O.C., NYK line, Ocean Tankers (pte) Ltd., National Iranian Tanker Company, Mitsui O.S.K. Lines, Ltd. (MOL)., Maran Tankers Management Inc., Frontline Ltd., Euronav, Dynacom Tankers Management Ltd, China Shipping Development Corp (CSDC), Bahri.
Vessel Types Covered:
On the basis of Vessel type, Very large crude carrier and ultra large crude carrier are known as super tankers. Its role and scope becomes far more feasible as they help to transport huge quantities of crude oil across the oceans and seas as they can carry huge quantities of crude oil in bulk, therefore economies of scale can be greatly realized. ULCCs and VLCCs have extremely high carrying capacity of over 250,000 DWT, allowing crude transportation of upto 550,000 DWT.
Asia Pacific witnessed largest market share as they own and operate most of the crude oil carriers. North America is also expected to present profitable opportunities for carriers over the forecast period owing to high crude oil production in the U.S, mainly in the states of Texas, North Dakota, and California as well as in the Gulf of Mexico.
Some of the key players in Crude oil Carrier include AET, Teekay Corporation, Sovcomflot Group, Overseas Shipholding Group (OSG), OMAN SHIPPING COMPANY S.A.O.C., NYK line, Ocean Tankers (pte) Ltd., National Iranian Tanker Company, Mitsui O.S.K. Lines, Ltd. (MOL)., Maran Tankers Management Inc., Frontline Ltd., Euronav, Dynacom Tankers Management Ltd, China Shipping Development Corp (CSDC), Bahri.
Vessel Types Covered:
- Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC)
- Suezmax
- Aframax
- Panamax
- Small
- Medium
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL CRUDE OIL CARRIERS MARKET, BY VESSEL TYPE
5.1 Introduction
5.2 Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC)
5.3 Suezmax
5.4 Aframax
5.5 Panamax
5.6 Small
5.7 Medium
6 GLOBAL CRUDE OIL CARRIERS MARKET, BY GEOGRAPHY
6.1 Introduction
6.2 North America
6.2.1 US
6.2.2 Canada
6.2.3 Mexico
6.3 Europe
6.3.1 Germany
6.3.2 UK
6.3.3 Italy
6.3.4 France
6.3.5 Spain
6.3.6 Rest of Global
6.4 Asia Pacific
6.4.1 Japan
6.4.2 China
6.4.3 India
6.4.4 Australia
6.4.5 New Zealand
6.4.6 South Korea
6.4.7 Rest of Asia Pacific
6.5 South America
6.5.1 Argentina
6.5.2 Brazil
6.5.3 Chile
6.5.4 Rest of South America
6.6 Middle East & Africa
6.6.1 Saudi Arabia
6.6.2 UAE
6.6.3 Qatar
6.6.4 South Africa
6.6.5 Rest of Middle East & Africa
7 KEY DEVELOPMENTS
7.1 Agreements, Partnerships, Collaborations and Joint Ventures
7.2 Acquisitions & Mergers
7.3 New Product Launch
7.4 Expansions
7.5 Other Key Strategies
8 COMPANY PROFILING
8.1 AET
8.2 Teekay Corporation
8.3 Sovcomflot Group
8.4 Overseas Shipholding Group (OSG)
8.5 OMAN SHIPPING COMPANY S.A.O.C.
8.6 NYK line, Ocean Tankers (pte) Ltd.
8.7 National Iranian Tanker Company
8.8 Mitsui O.S.K. Lines, Ltd. (MOL).
8.9 Maran Tankers Management Inc.
8.10 Frontline Ltd.
8.11 Euronav
8.12 Dynacom Tankers Management Ltd
8.13 China Shipping Development Corp (CSDC)
8.14 Bahri
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL CRUDE OIL CARRIERS MARKET, BY VESSEL TYPE
5.1 Introduction
5.2 Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC)
5.3 Suezmax
5.4 Aframax
5.5 Panamax
5.6 Small
5.7 Medium
6 GLOBAL CRUDE OIL CARRIERS MARKET, BY GEOGRAPHY
6.1 Introduction
6.2 North America
6.2.1 US
6.2.2 Canada
6.2.3 Mexico
6.3 Europe
6.3.1 Germany
6.3.2 UK
6.3.3 Italy
6.3.4 France
6.3.5 Spain
6.3.6 Rest of Global
6.4 Asia Pacific
6.4.1 Japan
6.4.2 China
6.4.3 India
6.4.4 Australia
6.4.5 New Zealand
6.4.6 South Korea
6.4.7 Rest of Asia Pacific
6.5 South America
6.5.1 Argentina
6.5.2 Brazil
6.5.3 Chile
6.5.4 Rest of South America
6.6 Middle East & Africa
6.6.1 Saudi Arabia
6.6.2 UAE
6.6.3 Qatar
6.6.4 South Africa
6.6.5 Rest of Middle East & Africa
7 KEY DEVELOPMENTS
7.1 Agreements, Partnerships, Collaborations and Joint Ventures
7.2 Acquisitions & Mergers
7.3 New Product Launch
7.4 Expansions
7.5 Other Key Strategies
8 COMPANY PROFILING
8.1 AET
8.2 Teekay Corporation
8.3 Sovcomflot Group
8.4 Overseas Shipholding Group (OSG)
8.5 OMAN SHIPPING COMPANY S.A.O.C.
8.6 NYK line, Ocean Tankers (pte) Ltd.
8.7 National Iranian Tanker Company
8.8 Mitsui O.S.K. Lines, Ltd. (MOL).
8.9 Maran Tankers Management Inc.
8.10 Frontline Ltd.
8.11 Euronav
8.12 Dynacom Tankers Management Ltd
8.13 China Shipping Development Corp (CSDC)
8.14 Bahri
LIST OF TABLES
Table 1 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 3 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 4 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 5 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 6 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 7 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 8 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 9 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 10 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 11 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 12 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 13 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 14 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 15 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 16 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 17 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 18 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 19 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By VLCC/ULCC (2016-2026) ($MN)
Table 20 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 21 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 22 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 23 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 24 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 25 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 26 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 27 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 28 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 29 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 30 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 31 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 32 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 33 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 34 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 35 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 36 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 37 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 38 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 39 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 40 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 41 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 42 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 43 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 44 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 45 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 46 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 47 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 48 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 1 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 3 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 4 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 5 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 6 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 7 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 8 Global Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 9 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 10 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 11 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 12 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 13 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 14 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 15 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 16 North America Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 17 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 18 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 19 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By VLCC/ULCC (2016-2026) ($MN)
Table 20 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 21 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 22 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 23 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 24 Europe Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 25 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 26 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 27 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 28 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 29 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 30 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 31 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 32 Asia-Pacific Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 33 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 34 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 35 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 36 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 37 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 38 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 39 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 40 South America Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
Table 41 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Country (2016-2026) ($MN)
Table 42 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Vessel Type (2016-2026) ($MN)
Table 43 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Ultra Large Crude Carriers (ULCC) and Very large crude carriers (VLCC) (2016-2026) ($MN)
Table 44 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Suezmax (2016-2026) ($MN)
Table 45 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Aframax (2016-2026) ($MN)
Table 46 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Panamax (2016-2026) ($MN)
Table 47 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Small (2016-2026) ($MN)
Table 48 Middle East & Africa Crude Oil Carriers Market, By Packaging Market Outlook, By Medium (2016-2026) ($MN)
