Global Crude Tanker Market: Insights & Forecast with Potential Impact of COVID-19: 2020 Edition

September 2020 | 89 pages | ID: GA75DD870325EN
Koncept Analytics

Abstracts

The global crude tanker fleet size is anticipated to reach 423 million dead weight tonnes (DWT) in 2020, as compared to 389 million dead weight tonnes (DWT) in 2018. The growth in the crude tanker market has been driven by fluctuating crude oil prices, rising oil demand and increasing urban population. The market faced challenges like fluctuating crude oil production and the US shale revolution. The global crude tanker market would also experience certain trends like rise in seaborne crude oil traded volume and geopolitical developments.

The global crude tanker fleet by tanker type can be segmented as follows: VLCC, Suezmax and Aframax. In 2019, the highest share was generated by VLCC, followed by Suezmax and Aframax. The global crude tanker fleet by country of build can be segmented as follows: South Korea, Japan and China PR. The dominant share of the market was held by South Korea in 2019.

Scope of the report:

• The report provides a comprehensive analysis of the global crude tanker market with potential impact of COVID-19.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Teekay Tankers, Frontline Ltd, DHT Holdings, Nordic American Tankers Ltd, Euronav and Tsakos Energy Navigation Ltd) are also presented in detail.

Key Target Audience:

• Crude Tanker/Crude Oil Manufacturers
• Raw Material Providers
• End Users
• Investment Banks
• Government Bodies & Regulating Authorities

Contents

1. MARKET OVERVIEW

1.1 Oil Tanker
1.2 Types of Oil Tankers
1.3 Size Categories of Oil Tankers
1.4 Working of Crude Tanker Business
1.5 Crude Tanker Model
1.6 Factors Impacting Crude Tanker Business

2. IMPACT OF COVID-19

2.1 Impact on Global Economy
2.2 Impact on Gross Domestic Product
2.3 Impact on Traded Crude Tanker Volumes
2.4 Global Prevalence of COVID-19
2.5 Change in Organic Traffic

3. MARKET ANALYSIS

3.1 Global Crude Tanker Fleet by Year of Delivery
  3.1.1 Global Crude Tanker Fleet by Year of Delivery
  3.1.2 Global Crude Tanker Fleet Share by Year of Delivery & Tanker Type
  3.1.3 Global Crude Tanker Fleet by Year of Delivery & Tanker Type
3.2 Global Crude Tanker Fleet by Country of Build
3.3 Global Order Book by Year of Delivery
  3.3.1 Global Order Book by Year of Delivery
  3.3.2 Global Order Book by Year of Delivery & Tanker Type
3.4 Global Order Book by Year of Order
  3.4.1 Global Order Book by Year of Order
  3.4.2 Global Order Book Share by Year of Order & Tanker Type
  3.4.3 Global Order Book by Year of Order and Tanker Type
3.5 Global Order Book by Country of Build
3.6 Global Crude Tanker Fleet by Vessel Size
3.7 Global Crude Tanker Fleet Average Age
3.8 Global Crude Tanker New Orders
3.9 Global Crude Tanker New Orders Forecast
3.10 Global Scrapping of Crude Tanker Vessels
3.11 Global Scrapping Forecast of Crude Tanker Vessels
3.12 Global Crude Tanker Fleet Size
3.13 Global Crude Tanker Spot Rates
  3.13.1 Global VLCC Spot Rate
  3.13.2 Global VLCC Spot Rate Forecast
  3.13.3 Global Suezmax Spot Rate
  3.13.4 Global Suezmax Spot Rate Forecast
  3.13.5 Global Aframax Spot Rate
  3.13.6 Global Aframax Spot Rate Forecast
  3.13.7 Global Panamax Spot Rate
  3.13.8 Global Panamax Spot Rate Forecast

4. MARKET DYNAMICS

4.1 Growth Drivers
  4.1.1 Fluctuating Crude Oil Prices
  4.1.2 Surging Oil Demand by Sector
  4.1.3 Upsurge in Crude Oil Exports
  4.1.4 Rise in Global Population
4.2 Key Trends & Developments
  4.2.1 Fluctuating Seaborne Crude Oil Traded Volume
  4.2.2 Geopolitical Development
4.3 Challenges
  4.3.1 Fluctuating Crude Oil Production
  4.3.2 Shale Revolution

5. COMPETITIVE LANDSCAPE

5.1 Global Market
  5.1.1 Revenue Comparison- Key Players
  5.1.2 Market Capitalization Comparison- Key Players
  5.1.3 Number of Vessels - Key Players

6. COMPANY PROFILES

6.1 Teekay Tankers Ltd.
  6.1.1 Business Overview
  6.1.2 Financial Overview
  6.1.3 Business Strategies
6.2 Frontline Ltd.
  6.2.1 Business Overview
  6.2.2 Financial Overview
  6.2.3 Business Strategies
6.3 DHT Holdings
  6.3.1 Business Overview
  6.3.2 Financial Overview
  6.3.3 Business Strategies
6.4 Nordic American Tankers Limited
  6.4.1 Business Overview
  6.4.2 Financial Overview
  6.4.3 Business Strategies
6.5 Euronav
  6.5.1 Business Overview
  6.5.2 Financial Overview
  6.5.3 Business Strategies
6.6 Tsakos Energy Navigation Ltd.
  6.6.1 Business Overview
  6.6.2 Financial Overview
  6.6.3 Business Strategies

List Of Charts

LIST OF CHARTS

Types of Oil Tanker
Types of Tankers: Product & Crude Tankers
Working of Crude Tanker Business
Impact on Gross Domestic Product (% Change) (2016-2021)
Old & New Estimates of Traded Crude Tanker Volumes (2018-2021)
Global Coronavirus Prevalence (Jan’20 – Aug’20)
Change in Organic Traffic
Global Crude Tanker Fleet by Year of Delivery (2015-2020)
Global Crude Tanker Fleet Share by Year of Delivery & Tanker Type (2019)
Global Crude Tanker Fleet by Year of Delivery & Tanker Type (2015-2020)
Global Crude Tanker Fleet by Country of Build and Year of Delivery (2015-2020)
Global Order Book by Year of Delivery (2019)
Global Order Book by Year of Delivery & Tanker Type (2020-2022)
Global Order Book by Year of Order (2017-2020)
Global Order Book Share by Year of Order & Tanker Type (2019)
Global Order Book by Year of Order & Tanker Type (2017-2020)
Global Order Book by Country of Build (2020-2022)
Global Crude Tanker Fleet by Vessel Size (Jan’03-Jan’21)
Global Crude Tanker Fleet Average Age (2019)
Global Crude Tanker New Orders (2015-2019)
Global Crude Tanker New Orders Forecast (2020-2023)
Global Scrapping of Crude Tanker Vessels (2015-2019)
Global Scrapping Forecast of Crude Tanker Vessels (2020-2023)
Global Crude Tanker Fleet Size (Sep’04-Sep’20)
Global VLCC Spot Rate (2016-2019)
Global VLCC Spot Rate Forecast (2020-2024)
Global Suezmax Spot Rate (2016-2019)
Global Suezmax Spot Rate Forecast (2020-2024)
Global Aframax Spot Rate (2016-2019)
Global Aframax Spot Rate Forecast (2020-2024)
Global Panamax Spot Rate (2016-2019)
Global Panamax Spot Rate Forecast (2020-2024)
Global Crude Oil Prices (2014-2019)
Global Oil Demand by Sector (2015-2035)
The US Crude Oil Exports (2017-2022)
Global Total & Urban Population (2014-2019)
Global Seaborne Crude Oil Traded Volume (2015-2022)
Global Crude Oil Production (2014-2019)
The US Shale Revolution (2010-2030)
Key Players - Revenue Comparison (2019)
Key Players – Market Capitalization Comparison (2020)
Teekay Tankers Ltd. Revenue & Net Income (Loss) (2015-2019)
Teekay Tankers Ltd. Revenue by Segment (2019)
Frontline Ltd. Revenue & Net Income (Loss) (2015-2019)
Frontline Ltd. Revenue by Segment (2019)
DHT Holdings Shipping Revenue & Profit/Loss (2015-2019)
Nordic American Tankers Ltd. Voyage Revenue & Net Income (Loss) (2015-2019)
Nordic American Tankers Ltd. Voyage Revenue by Segment (2019)
Euronav Revenue and Net Profit (Loss) (2015-2019)
Tsakos Energy Navigation Ltd. Revenue and Net Income (Loss) (2015-2019)

List Of Tables

LIST OF TABLES

Size Categories of Oil Tankers
Key Players – Number of Vessels (2019)