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Global Tanker Shipping Market 2018-2022

Global Tanker Shipping Market 2018-2022

About Tanker Shipping

Tanker shipping refers to the transportation of bulk goods, such as crude oil, gas, chemicals, and other products, obtained from the refining of crude oil. Tanker shipping is generally carried out by various types of tankers, such as crude tankers, chemical tankers, and gas tankers. Tanker shipping is regulated by the International Maritime Organization (IMO) globally.

Technavio’s analysts forecast the global tanker shipping market to grow at a CAGR of 5.13% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global tanker shipping market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Tanker Shipping Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AET Tankers
  • Bahri
  • Euronav
  • Mitsui O.S.K. Lines (MOL)
  • Teekay
Market driver
  • Growth in global oil and gas logistics market
  • For a full, detailed list, view our report
Market challenge
  • Fluctuation in Baltic dry index
  • For a full, detailed list, view our report
Market trend
  • Advances in propulsion system of tankers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Tanker Shipping Market 2018-2022

Technavio 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 Technavio’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.”

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.

Companies Mentioned

AET Tankers, Bahri, Euronav, Mitsui O.S.K. Lines (MOL), and Teekay.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Percentage increase in exports and imports of merchandise trade by volume 2015-2016
      • Table Average change in container freight rates 2012-2016 (%)
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global tanker shipping market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global tanker shipping market- Market size and forecast 2017-2022 (mn DWT)
      • Table Growth rate of volume of goods handled by ports - Year-over-year growth 2018-2022 (%)
      • Table Global tanker shipping market- Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by tanker type
    • Segmentation by tanker type
      • Table Global tanker shipping market by tanker type - Market share 2017-2022 (%)
    • Comparison by tanker type
      • Table Comparison by tanker type
    • Oil tankers - Market size and forecast 2017-2022
      • Table Global tanker shipping market by oil tankers - Market size and forecast 2017-2022 (mn DWT)
      • Table Global automobile production growth rate - Year-over-year growth 2011-2016 (%)
      • Table Global tanker shipping market by oil tankers - Year-over-year growth 2018-2022 (%)
    • Liquid gas tankers - Market size and forecast 2017-2022
      • Table Global tanker shipping market by liquid gas tankers - Market size and forecast 2017- 2022 (mn DWT)
      • Table Pounds of carbon dioxide emitted per million Billion Thermal Unit (Btu) of various fuel type
      • Table Global gas seaborne trade - Year-over-year growth 2012-2016 (%)
      • Table Global tanker shipping market by liquid gas tankers - Year-over-year growth 2018-2022 (%)
    • Market opportunity by tanker type
      • Table Market opportunity by tanker type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global tanker shipping - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (mn DWT)
      • Table Average consumption of oil 2012-2016 (Thousand barrels per day)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table Tanker shipping market in EMEA - Market size and forecast 2017-2022 (mn DWT)
      • Table Global oil and gas reserve by geography 2016 (% share)
      • Table Per capita consumption of oil by different regions 2016 (in barrels)
      • Table Tanker shipping market in EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (mn DWT)
      • Table Tanker shipping market in Americas - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global oil and gas logistics market - Year-over-year growth 2016-2020 (%)
      • Table International seaborne trade - Year-over-year growth 2011-2016 (%)
      • Table Growth in LNG tanker market by trade volume 2015-2020 (in MMTPA)
      • Table Advantages and disadvantages of liquid gas tanker transportation over pipeline transportation
    • Market challenges
      • Table Baltic dry index for dirty tankers - Year-over-year growth 2009-2017 (%)
      • Table Baltic dry index for clean tankers - Year-over-year growth 2009-2017 (%)
  • Market trends
    • Advances in propulsion system of tankers
      • Table Comparison of different types of propulsion system
    • Increase in use of fleet management system
    • Consolidation in global tanker shipping market
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AET Tankers
      • Table AET Tankers overview
      • Table AET Tankers - Business segments
      • Table AET Tankes: Organizational developments
    • Bahri
      • Table Bahri overview
      • Table Bahri - Business segments
      • Table Bahri - Organizational developments
    • Euronav
      • Table Euronav overview
      • Table Euronav - Business segments
      • Table Euronav: Business operating segmentation by revenue 2016
      • Table Euronav - Organizational developments
      • Table Euronav - Geographic focus
      • Table Euronav - Key offerings
    • Mitsui O.S.K. Lines (MOL)
      • Table Mitsui O.S.K. Lines (MOL) overview
      • Table Mitsui O.S.K Lines (MOL) - Business segments
      • Table Mitsui O.S.K Lines (MOL): Business operating segmentation by revenue 2016
      • Table Mitsui O.S.K Lines (MOL)- Organizational developments
      • Table Mitsui O.S.K Lines - Geographic focus
      • Table Mitsui O.S.K Lines (MOL)- Key offerings
    • Teekay
      • Table Teekay overview
      • Table Teekay - Business segments
      • Table Teekay: Business operating segmentation by revenue 2016
      • Table Teekay - Organizational developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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