Table of Contents
1. Executive Summary
1.1 The Oil Tanker Market Overview
1.2 Drivers & Restraints in the Oil Tanker Market 2012-2022
1.2.1 Drivers
1.2.2 Restraints
1.3 Highlights of the Report
1.4 Benefits of this Report
1.5 Methodology
1.6 The Global Oil Tanker Market Forecast 2012-2022
1.7 The Oil Tanker Submarkets Forecast 2012-2022
1.8 The Regional Oil Tanker Market Forecast 2012-2022
2. Introduction to the Oil Tanker Market
2.1 Marine Shipping Operations
2.2 History of Oil Tankers
2.3 Panamax Oil Tankers
2.4 Suesmax Oil Tankers
2.5 Aframax Oil Tankers
2.6 VLCC Oil Tankers
2.7 Shuttle and Product Tankers
2.8 Bunkering and Freight Rates
2.9 Oil Supply and Demand Market and Oil Trade Patterns
3. The Global Oil Tanker Market 2012-2022
3.1 The Global Oil Tanker Market Forecast 2012-2022
3.2 The Oil Tanker Submarket Forecast 2012-2022
3.3 The VLCC Oil Tanker Submarket Forecast 2012-2022
3.4 The Suezmax Oil Tanker Submarket Forecast 2012-2022
3.5 The Aframax Oil Tanker Submarket Forecast 2012-2022
3.6 The Oil Product Tanker Submarket Forecast 2012-2022
3.7 The Panamax Oil Tanker Submarket Forecast 2012-2022
4. The Regional Oil Tanker Markets Forecast 2012-2022
4.1 The Asia Pacific Oil Tanker Market Forecast 2012-2022
4.1.1 The Chinese Oil Tanker Market
4.1.2 The Japanese Oil Tanker Market
4.1.3 The South Korean Oil Tanker Market
4.1.4 The Indian Oil Tanker Market
4.1.5 The Singaporean Oil Tanker Market
4.1.6 The Australian Oil Tanker Market
4.1.7 The Rest of Asia Oil Tanker Market
4.2 The North American Oil Tanker Market Forecast 2012-2022
4.2.1 The US Oil Tanker Market
4.2.2 The Canadian Oil Tanker Market
4.3 The Latin American Oil Tanker Market Forecast 2012-2022
4.3.1 The Mexican Oil Tanker Market
4.3.2 The Brazilian Oil Tanker Market
4.3.3 The Venezuelan Oil Tanker Market
4.3.4 The Argentinean Oil Tanker Market
4.4 The European Oil Tanker Market Forecast 2012-2022
4.4.1 The British Oil Tanker Market
4.4.2 The French Oil Tanker Market
4.4.3 The Norwegian Oil Tanker Market
4.4.4 The Spanish Oil Tanker Market
4.4.5 The Rest of Europe Oil Tanker Market
4.5 The Eurasian Oil Tanker Market Forecast 2012-2022
4.5.1 The Russian Oil Tanker Market
4.5.2 The Rest of Eurasia Oil Tanker Market
4.6 The Middle Eastern Oil Tanker Market Forecast 2012-2022
4.6.1 The Saudi Arabian Oil Tanker Market
4.6.2 The Iranian Oil Tanker Market
4.6.3 The United Arab Emirates Oil Tanker Market
4.6.4 The Iraqi Oil Tanker Market
4.6.5 The Rest of Middle East Oil Tanker Market
4.7 The African Oil Tanker Market Forecast 2012-2022
4.7.1 The Libyan Oil Tanker Market
4.7.2 The Algerian Oil Tanker Market
4.7.3 The Egyptian Oil Tanker Market
4.7.4 The Sudanese Oil Tanker Market
4.7.5 The Nigerian Oil Tanker Market
4.7.6 The Rest of Africa Oil Tanker Market
5. SWOT Analysis of the Oil Tanker Market 2012-2022
5.1 Strengths
5.1.1 Larger Volumes of Oil Transportation
5.1.2 Greater Storage Capacity at Oil Tanker Terminals
5.1.3 Conversion to FPSOs
5.1.4 Phasing Out of Old Technologies
5.2 Weaknesses
5.2.1 High Bunker Fuel Costs
5.2.2 Tough Competition, Low Freight Rates & Repayment of Loans
5.2.3 Oil Tanker Market Regulations
5.3 Opportunities
5.3.1 Scrapping of Old Tankers
5.3.2 Offshore Oil Production
5.3.3 New Crude Oil Tanker Designs
5.3.4 Managing Freight Rate Fluctuations
5.4 Threats
5.4.1 Pipelines Replacing Oil Tankers
5.4.2 Switching Towards Alternative Energy Sources
5.4.3 Threat to Supply Route Bottlenecks
5.4.4 Piracy and Other Risks in the Oil Tanker Market
6. Expert Opinion
6.1 Kuwait Petroleum Corporation (KPC)
6.1.1 Kuwait Petroleum Corporation (KPC) in the Oil Tanker Market
6.1.2 Oil Purchasing Contracts
6.1.3 Drivers in the Oil Tanker Market
6.1.4 Constraints in the Oil Tanker Market
6.1.5 Regional Differences in the Oil Tanker Market
6.1.6 Threats in the Oil Tanker Market
6.2 Det Norske Veritas (DNV)
6.2.1 Det Norske Veritas (DNV) in the Oil Tanker Market
6.2.2 Oil Tanker Fuel Efficiency
6.2.3 Regulations in the Oil Tanker Industry
6.2.4 New Investments in the Oil Tanker Industry
6.2.5 Ballast Water Treatment Systems for Oil Tankers
6.2.6 Concept Ships & New Technologies
6.2.7 The Future of the Oil Tanker Market
7. Leading Companies in the Oil Tanker Market
7.1 Oil Tanker Engineering, Construction & Repair Companies
7.1.1 A&P Group Ltd.
7.1.2 Arab Shipbuilding and Repair Yard (ASRY)
7.1.3 Daewoo Shipbuilding and Marine Engineering (DSME)
7.1.4 Dalian Shipbuilding Industry Corporation
7.1.5 Hyundai Heavy Industries
7.1.6 Jinhai Heavy Industry Co. Ltd.
7.1.7 Kawasaki Heavy Industries
7.1.8 Keppel Offshore & Marine
7.1.9 Mitsubishi Heavy Industries
7.1.10 Mitsui USA Inc.
7.1.11 President Marine
7.1.12 Samsung Heavy Industries
7.1.13 Sembawang Shipyard Pte Ltd.
7.1.14 Sembcorp Marine
7.1.15 STX Offshore & Shipbuilding Co.
7.1.16 Tsuneishi Shipbuilding
7.1.17 Zebec Marine Consultants and Services
7.2 Oil Tanker Operating Companies
7.2.1 Abu Dhabi National Tanker Company
7.2.2 AET Tanker Holdings
7.2.3 Arab Maritime Petroleum Transport Company (AMPTC)
7.2.4 Associated Maritime Company Ltd.
7.2.5 Athenian Sea Carriers Ltd.
7.2.6 BP Shipping
7.2.7 BW Group
7.2.8 Chevron Shipping
7.2.9 China Shipping Development Co. Ltd.
7.2.10 DHT Maritime, Inc.
7.2.11 Dynacom Tankers Management Ltd.
7.2.12 Euronav NV
7.2.13 Frontline 2012
7.2.14 General Maritime Corporation
7.2.15 Great Eastern Shipping
7.2.16 Independent Tankers Corporation Limited
7.2.17 Knightsbridge Tankers
7.2.18 Kuwait Oil Tanker Co. S.A.K.
7.2.19 Maersk AS
7.2.20 Malaysian International Shipping Corporation (MISC) Berhad
7.2.21 Maran Tankers Management Inc.
7.2.22 Minerva Marine Inc.
7.2.23 Mitsui OSK Lines (MOL)
7.2.24 National Iranian Tanker Company
7.2.25 National Shipping Corporation of Saudi Arabia (NSCSA)
7.2.26 NewLead Holdings Ltd.
7.2.27 Nippon Yusen Kaisha Lines
7.2.28 Nordic American Tankers
7.2.29 Novoship Group
7.2.30 Ocean Shipholdings Inc.
7.2.31 Ocean Tankers Pte
7.2.32 Odfjell
7.2.33 Overseas Shipholding Group (OSG) Inc.
7.2.34 Polar Tankers
7.2.35 Reederei Nord Ltd.
7.2.36 Shell Trading & Shipping
7.2.37 Shipping Corporation of India (SCI) Ltd.
7.2.38 SK Shipping
7.2.39 Sovcomflot
7.2.40 Stena Bulk
7.2.41 Tanker Pacific
7.2.42 Teekay Shipping Corporation
7.2.43 Thenamaris
7.2.44 Torm
7.2.45 Tsakos Energy Navigation
7.2.46 Univan Ship Management Ltd.
7.2.47 Vela International Marine Ltd.
7.2.48 Wilhelmsen Ship Management d.o.o.
7.3 Oil Tanker & Shipping Brokerage Companies
7.3.1 ACM Shipping Plc.
7.3.2 Braemar Seascope Ltd.
7.3.3 Clarksons Plc.
7.3.4 E.A. Gibsons Shipbrokers Ltd.
7.3.5 Galbraith's Ltd.
7.3.6 Simpson Spence & Young Ltd.
8. Conclusions
8.1 An Overview of the Oil Tanker Market
8.2 The Global of Oil Tanker Market and Submarket Forecasts 2012-2022
8.3 The Fastest Growing Regional Oil Tanker Markets
8.4 Moderately Growing Regional Oil Tanker Markets
8.5 The Slowest Growing Regional Oil Tanker Markets
8.6 Final Observations
9. Glossary
List of Tables
Table 1.1 Summary of Drivers and Restraints in the Oil Tanker Market
Table 2.1 Oil Tanker Classification (Size, dwt Capacity, Barrels Capacity, Type)
Table 2.2 Clean Tanker Route, Vessel Size, Vessel Type, Source & Destination
Table 2.3 Dirty Tanker Route, Vessel Size, Vessel Type, Source & Destination
Table 3.1 Global Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 3.2 Global Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.3 Global Oil Tanker Submarkets Forecast 2012-2022 ($bn, AGR %)
Table 3.4 The VLCC Oil Tanker Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.5 The VLCC Oil Tanker Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.6 The Suezmax Oil Tanker Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.7 The Suezmax Oil Tanker Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.8 The Aframax Oil Tanker Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.9 The Aframax Oil Tanker Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.10 The Oil Product Tanker Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.11 The Oil Product Tanker Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.12 The Panamax Oil Tanker Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.13 The Panamax Oil Tanker Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.14 Dimensions of Current Panamax & New Panamax Vessels (Metres & Feet)
Table 4.1 Regional Oil Tanker Markets Forecast 2012-2022 ($bn, AGR %)
Table 4.2 Asia Pacific Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.3 Asia Pacific Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.4 Asia Pacific Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.5 Drivers and Restraints in the Asia Pacific Oil Tanker Market
Table 4.6 Major Oil Tanker Contracts in Asia Pacific (Constructor, Operator, Period, Contract Value $m, Details)
Table 4.7 The North American Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.8 The North American Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.9 The North American Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.10 Drivers and Restraints in the North American Oil Tanker Market
Table 4.11 US Gulf Coast Crude Oil Import Terminals (Thousand barrels per day)
Table 4.12 Major North American Oil Tanker Contracts (Constructor, Operator, Period, Contract Value $m, Details)
Table 4.13 The Latin American Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.14 The Latin American Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.15 The Latin American Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.16 Drivers & Restraints in the Latin American Oil Tanker Market
Table 4.17 Major Oil Tanker Contracts in Latin America (Constructor, Operator, Period, Contract Value $m, Details)
Table 4.18 The European Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.19 The European Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.20 The European Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.21 Drivers & Restraints in the European Oil Tanker Market
Table 4.22 European Oil Tanker Contract (Constructor, Operator, Periods, Contract Value $m, Details)
Table 4.23 The Eurasian Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.24 The Eurasian Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.25 The Eurasian Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.26 Drivers and Restraints in the Eurasian Oil Tanker Market
Table 4.27 Major Oil Tanker Contracts in Eurasia (Constructor, Operator, Vessel Type, Contract Value $m)
Table 4.28 The Middle Eastern Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.29 The Middle Eastern Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.30 The Middle Eastern Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.31 Drivers & Restraint the Middle Eastern Oil Tanker Market
Table 4.32 Major Oil Tanker Contracts in the Middle East (Constructor, Operator, Period, Contract Value $m, Details)
Table 4.33 The African Oil Tanker Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.34 The African Oil Tanker Market Forecast 2012-2022 ($bn, AGR %)
Table 4.35 The African Oil Tanker Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.36 Drivers & Restraints in the African Oil Tanker Market
Table 4.37 Major Oil Tanker Contracts in the Africa (Constructor, Operator, Period, Contract Value $m, Details)
Table 5.1 SWOT Analysis of the Oil Tanker Market 2012-2022
Table 7.1 Abu Dhabi National Tanker Company Fleet (Type of Oil Tanker, Number of Units)
Table 7.2 AET Tanker Holdings Fleet (Type of Oil Tanker, Number of Units)
Table 7.3 Associated Maritime Company Ltd. Fleet (Type of Oil Tanker, Number of Units)
Table 7.4 General Maritime Fleet (Type of Oil Tanker, Number of Units)
Table 7.5 Great Eastern Shipping Fleet (Type of Oil Tanker, Number of Units)
Table 7.6 Kuwait Oil Tanker Co. S.A.K. Fleet (Type of Oil Tanker, Number of Units, Capacity m³)
Table 7.7 Maersk AS Fleet (Type of Oil Tanker, Number of Units, dwt, Capacity m³)
Table 7.8 Minerva Marine Fleet (Type of Oil Tanker, Number of Units, Age)
Table 7.9 Ocean Tankers Pte Fleet (Type of Oil Tanker, Number of Units, dwt)
Table 7.10 Sovcomflot Fleet (Type of Oil Tanker, Number of Units)
Table 7.11 Stena Bulk Fleet (Type of Oil Tanker, Number of Units)
Table 7.12 Tanker Pacific Fleet (Type of Oil Tanker, Number of Units)
Table 7.13 Teekay Shipping Corporation Fleet (Type of Oil Tanker, Number of Units)
Table 7.14 Thenamaris Fleet (Type of Oil Tanker, Number of Units)
Table 7.15 Tsakos Energy Navigation Fleet (Type of Oil Tanker, Number of Units)
List of Figures
Figure 1.1 Oil Tanker Submarket Values 2012 & 2012-2022 CAGR ($bn, %)
Figure 1.2 Regional Oil Tanker Market Values 2012 ($bn)
Figure 1.3 Regional Oil Tanker Markets Forecast CAGR (%) 2012-2017, 2017-2022 & 2012-2022
Figure 2.1 Difference in Global Benchmark Oil Prices 2000-2010 ($/bbl)
Figure 2.2 Oil Imports for US, Europe, Japan and the Rest of the World 2000, 2005, 2010 (mmbbl/d)
Figure 2.3 Oil Imports for US, Europe, Japan and the Rest of the World 1980-2010 (mmbbl/d)
Figure 2.4 Regional Oil Imports 2010 (Million Tonnes)
Figure 2.5 Regional Oil Exports 1980-2010 (Thousand Barrels Per Day)
Figure 2.6 Regional Oil Exports and Re-exports 2010 (Million Tonnes, % Share)
Figure 2.7 Major Global Oil Trade Routes 2010 (Million Tonnes)
Figure 3.1 Global Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 3.2 Global Oil Tanker Submarkets Share Forecast 2012 (%)
Figure 3.3 Global Oil Tanker Submarkets Share Forecast 2017 (%)
Figure 3.4 Global Oil Tanker Submarkets Share Forecast 2022 (%)
Figure 3.5 Global Oil Tanker Submarkets Forecast 2012-2022 ($bn)
Figure 3.6 Oil Tanker Supply, Demand and Surplus Capacity 1960-2022 (Million dwt, %)
Figure 3.7 The VLCC Oil Tanker Submarket Forecast 2012-2022 ($bn)
Figure 3.8 The VLCC Oil Orders, Deliveries, Scrapping, Scrapping Forecast & Existing Fleet 2000-2014 (KDWT)
Figure 3.9 New Build, 5 & 10 Years Old VLCC Oil Tanker Price 2007-2012 ($m)
Figure 3.10 Repurchase Value of 5-year Old Vessels 2009, 2010, 2011 By Type ($m)
Figure 3.11 VLCC, Suezmax & Aframax Spot Market Freight Rates 2009-2011 ($/Day)
Figure 3.12 The Suezmax Oil Tanker Submarket Forecast 2012-2022 ($bn)
Figure 3.13 Suezmax Oil Orders, Deliveries, Scrapping, Scrapping Forecast & Existing Fleet 2000-2014 (KDWT)
Figure 3.14 New Build, 5 & 10 Years Old Suezmax Oil Tanker Price 2007-2012 ($m)
Figure 3.15 The Aframax Oil Tanker Submarket Forecast 2012-2022 ($bn)
Figure 3.16 Aframax Oil Orders, Deliveries, Scrapping, Scrapping Forecast & Existing Fleet 2000-2014 (KDWT)
Figure 3.17 New Build, 5 & 10 Years Old Aframax Oil Tanker Price 2007-2012 ($m)
Figure 3.18 The Oil Product Tanker Submarket Forecast 2012-2022 ($bn)
Figure 3.19 Mid-Range Oil Product Tanker Orders, Deliveries, Scrapping, Scrapping Forecast & Existing Fleet 2000-2014 (KDWT)
Figure 3.20 New Build, 5 & 10 Years Old Mid-Range Oil Product Tanker Price 2007-2012 ($m)
Figure 3.21 The Panamax Oil Tanker Submarket Forecast 2012-2022 ($bn)
Figure 3.22 Panamax Oil Tanker Orders, Deliveries, Scrapping, Scrapping Forecast & Existing Fleet 2000-2014 (KDWT)
Figure 4.1 Regional Oil Tanker Markets Forecast 2012-2022 ($bn)
Figure 4.2 Regional Oil Tanker Market Share Forecast 2012 (%)
Figure 4.3 Regional Oil Tanker Market Share Forecast 2017 (%)
Figure 4.4 Regional Oil Tanker Market Share Forecast 2022 (%)
Figure 4.5 Asia Pacific Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.6 Asia Pacific Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.7 Regional Oil Consumption 1965-2010 (Million Tonnes per Annum)
Figure 4.8 Sources of Asia Pacific Oil & Petroleum Imports 2010 (Million Tonnes)
Figure 4.9 Oil Shipping Routes in the Asia Pacific (Map)
Figure 4.10 Grades of Asia Pacific Oil Consumption 1965-2010 (Kbbl/d)
Figure 4.11 Sources of Chinese Oil & Petroleum Imports 2010 (Million Tonnes)
Figure 4.12 Grades of Chinese Oil Consumption 1965-2010 (Kbbl/d)
Figure 4.13 Major Chinese Oil Tanker Terminals & Pipelines (Map)
Figure 4.14 Sources of Japanese Oil Imports 2010 (Million Tonnes)
Figure 4.15 Grades of Japanese Oil Consumption 1965-2010 (Kbbl/d)
Figure 4.16 Sources of Indian Oil Imports 2010 (Million Tonnes)
Figure 4.17 Destinations of Indian Oil Exports 2010 (Million Tonnes)
Figure 4.18 Major Indian Oil Ports (Map)
Figure 4.19 Sources of Singaporean Oil Imports 2010 (Million Tonnes)
Figure 4.20 Destinations of Singaporean Oil Exports 2010 (Million Tonnes)
Figure 4.21 Destinations of Australian Oil Exports 2010 (Million Tonnes)
Figure 4.22 Sources of Australian Oil Imports 2010 (Million Tonnes)
Figure 4.23 Australian Oil Import Terminals and Refineries (Map)
Figure 4.24 Sources of the Rest of Asia Pacific Oil Imports 2010 (Million Tonnes)
Figure 4.25 Destinations of the Rest of Asia Pacific Oil Exports 2010 (Million Tonnes)
Figure 4.26 The North American Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.27 The North American Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.28 Grades of North American Oil Consumption 1965-2010 (kbbl/d)
Figure 4.29 Destinations of US Oil Exports 2010 (Million Tonnes)
Figure 4.30 Sources of US Oil Imports 2010 (Million Tonnes)
Figure 4.31 US Crude Oil Stocks Excluding SPR 1982-2011 (Thousand Barrels)
Figure 4.32 Sources of Canadian Oil Imports 2010 (Million Tonnes)
Figure 4.33 Destinations of Canadian Oil Exports 2010 (Million Tonnes)
Figure 4.34 The Latin American Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.35 The Latin American Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.36 Destinations of Latin American (ex. Mexico) Oil Exports 2010 (Million Tonnes)
Figure 4.37 Sources of Latin American (ex. Mexico) Oil Imports 2010 (Million Tonnes)
Figure 4.38 Grades of Latin American Oil Consumption 1965-2010 (Kbbl/d)
Figure 4.39 Destinations of Mexican Oil Exports 2010 (Million Tonnes)
Figure 4.40 Sources of Mexican Oil Imports 2010 (Million Tonnes)
Figure 4.41 The European Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.42 The European Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.43 Sources of European Oil Imports 2010 (Million Tones)
Figure 4.44 Destinations of European Oil Exports 2010 (Million Tones)
Figure 4.45 Destinations of Norwegian Oil Exports 2010 (Million Tonnes)
Figure 4.46 Russian Oil & Gas Pipelines into Europe (Map)
Figure 4.47 The Eurasian Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.48 The Eurasian Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.49 Destination of Eurasian Oil Exports 2010 (Million Tonnes)
Figure 4.50 Major Russian Oil Terminals (Map)
Figure 4.51 The Middle Eastern Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.52 The Middle Eastern Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.53 Destination of Middle Eastern Oil Exports 2010 (Million Tonnes)
Figure 4.54 Grades of Middle Eastern Oil Consumption 1965-2010 (Kbbl/d)
Figure 4.55 Saudi Arabian Oil Ports (Map)
Figure 4.56 Destinations of Iranian Oil Exports 2011 (Million Tonnes, %)
Figure 4.57 Major Oil Ports in United Arab Emirates (Map)
Figure 4.58 Omani Oil Ports (Map)
Figure 4.59 The African Oil Tanker Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.60 The African Oil Tanker Market Forecast 2012-2022 ($bn)
Figure 4.61 Sources of African Oil Imports 2010 (Million Tonnes)
Figure 4.62 Destinations of North African Oil Exports 2010 (Million Tonnes)
Figure 4.63 Libyan Oil Terminals (Map)
Figure 4.64 Algerian Oil Terminals (Map)
Figure 4.65 Destinations of West African Oil Exports 2010 (Million Tonnes)
Figure 5.1 Regional Number of FPSOs in Operation at the End of 2011 (Ultra Deepwater, Deepwater, <1,000 metres Depth)
Figure 5.2 Benchmark Crude Oil Prices & Bunker Fuel Price 2007-2012 ($/bbl)
Figure 8.1 Oil Tankers New Build Price 2002-2012 ($m)
Companies Listed
A&P Group Ltd.
Abu Dhabi National Oil Company (ADNOC)
Abu Dhabi National Tanker Company (ADNATCO)
ACIL Tasman
ACM Shipping Ltd.
ACM Shipping Plc.
Adani Shipping
AET Tanker Holdings
Agelet Tanker Chartering Ltd.
AHL Shipping Company
Aker Philadelphia Shipyard
Aker Solutions SA
Alaska Tanker Company
Algoma Tankers
Alterna Capital Partners
American Shipping Company
Ancora Investment Trust Inc.
Angelicoussis Shipping Group Limited
AP Møller Maersk
Apache Corporation
Arab Maritime Petroleum Transport Company (AMPTC)
Arab Shipbuilding and Repair Yard (ASRY)
Arctech Helosinki Shipyard
Arrow Energy
ASRY Group
Associated Maritime Company Ltd.
Athenian Sea Carriers Ltd.
Atlantic Marine
Australian Worldwide Exploration Ltd.
BAE Systems Southeast Shipyard
Bahrain National Oil Production Company
Baltic Fuel Company Ltd
Baltiysky Shipyard
Bass Strait Oil Company
Beach Petroleum Ltd.
Bejaia Mediterranean Terminal
Bernhard Schulte
BG Group Plc.
Bharat Petroleum Corporation
BHP Billiton Petroleum
Bolivarian Ports (Bolipuertos)
Bongaigaon Refinery & Petrochemicals Ltd.
Bordosplit Shipyard
BP
BP Shipping
Braemar Seascope Ltd.
Brightoil Petroleum (Holdings) Ltd.
Brightoil Petroleum Group
Bunkerworld
Bureau Veritas
BW Group
Canadian Natural Resources
Carnarvon Petroleum Ltd.
Chandriz (Hellas) Inc.
Changjiang National Shipping Group Corporation
Chennai Petroleum Corporation Ltd.
Chevron Corporation
Chevron Shipping
China Harbour Engineering Company (CHEC)
China National Offshore Oil Corporation (CNOOC)
China Rongsheng Heavy Industries Group Holdings
China Shipbuilding Industry Corporation (CSIC)
China Shipping (Group) Company
China Shipping Development Co. Ltd.
Cilegon
Clarksons & Company Ltd.
Clarksons Plc.
Col Nigeria Ltd.
ConocoPhillips
ConocoPhillips Australia
Cosco Group
Cosmo Oil
Cue Energy Resources Ltd.
Daewoo Shipbuilding and Marine Engineering (DSME)
Dalian Shipbuilding Industry Corporation
Damen Shipyards Group
Dargas Shipping Ltd.
Det Norske Veritas (DNV)
Devon Energy Corporation
DHT Holdings
DHT Maritime, Inc.
Dong Energy
Dung Quat Shipyard Company
Dynacom Tankers Management Ltd.
E.A. Gibsons Shipbrokers Ltd.
Eagle Bulk Shipping
Egyptian General Petroleum Corporation (EGPC)
El Nasr Petroleum Company
Enbridge
Energy Transfer Partners LP
Enersa
Engen Petroleum Limited
Eni
Entreprise Portuaire de Bejaia (EPB)
Ernst Jacob (GmbH & Co KG)
Euronav NV
Excel Maritime Cruisers
Exxon Neftgas Ltd.
ExxonMobil
ExxonMobil Australia
Fearnley Consultants & Fernresearch
Federated Co-op
First Australian Resources
Frontline 2012
Frontline Ltd.
Galbraith's Ltd.
Galp Energia
Gazprom
Gazprombank
GC Tankers
Gemadept
Genel Denizcilik Nakliyati AS
General Maritime Corporation
General National Maritime Transport Company (Libya)
Great Eastern Shipping
Gulf of Suez Petroleum Company
Hanjin Heavy Industries
Hanjin Subic Yard
Helder Line
Hess
Hin Leong
Hindustan Petroleum Corporation
Hitachi Zosen Corporation
Hong Kong Ming Wah Shipping Co. Ltd.
Horizon Lines
Horizon Shipbuilding
Hunt oil
Husky
Hyuk Shin Machinery Co. Ltd.
Hyundai Heavy Industries
Hyundai Merchant Marine
Hyundai Mipo Dockyard (HMD)
Hyundai Samho Heavy Industries
Idemitsu Kosan Co. Ltd.
Imperial Oil
Independent Tankers Corporation Limited
Indian Oil Corporation
Indian Oil Group
Ingalls Shipbuilding
INPEX
Intrepid Shipping
Iran Marine Industrial Co. (Sadra)
Iranian Offshore Oil Company
Iranian Oil Tanker Company
Iraqi Oil Tanker Company
Irving Oil
ITOCHU
Jang Su New Century Shipbuilding
Japan Energy Development Corporation
Japanese Petroleum Exploration Co. Ltd. (Japex)
Jinhai Heavy Industry Co. Ltd.
Jinhaiwan Shipyard Co. Ltd.
Jinling Shipyard
JM Maritime Investment
JX Nippon Oil and Gas
Kambara Kisen Co., Ltd.
Kawasaki Dockyard Co., Ltd.
Kawasaki Heavy Industries
Kawasaki Plant Systems, Ltd.
Kawasaki Precision Machinery Limited
Kawasaki Shipbuilding Corporation
KazMorTransFlot (KMTF)
KazMunaiGas (KMG)
Keppel Offshore & Marine
Keppel Verolme B.V.
Kerr-McGee
Kinder Morgan Terminals
Knightsbridge Tankers
Kontur LLC.
Korea National Oil Corporation (KNOC)
Kosmos Energy
Krasnoye Sormovo Shipyard
Kristen Navigation Inc.
Kufpec Australia
Kuwait Oil Tanker Company (KOTC)
Kuwait Petroleum Corporation (KPC)
Lloyd's List
Lloyd's Market Association (LMA)
Lukoil
Maersk AS
Magellan Petroleum Australia
Malaysian International Shipping Corporation (MISC) Berhad
Malta Shipyards Ltd.
Manado
Maran Tankers Management Inc.
Marex Spectron Group Ltd.
Mid-Ocean Marine
Minerva Marine
Ming Wah Shipping Co, Ltd.
Mini-Tankers
Mitsubishi
Mitsubishi Heavy Industries
Mitsui
Mitsui Engineering & Shipbuilding Co Ltd
Mitsui OSK Lines (MOL)
Mitsui USA Inc.
Mosaic Oil
Namura Shipbuilding Co Ltd
Nantong Mingde Heavy Stock
National Chemical Carriers
National Iranian Oil Company (NIOC)
National Iranian Tanker Company
National Oil Company (NOC)
National Shipping Corporation of Saudi Arabia (NSCSA)
National Thai Oil Company PTT
Naval Gijon S.A.
NewLead Holding
Newport Shipyard
Nigerian National Petroleum Corporation (NNPC)
Nippon Oil
NITC Company
Nordea Bank
Nordic American Tankers
Northrop Grumman Corporation
Novoship Group
Oak Maritime Group
Oaktree Capital Management
OAO Sovcomflot
OAO United Shipbuilding Corporation
Ocean Bunkering Services
Ocean Shipholdings Inc.
Ocean Tankers Pte
Odfjell
Oil Search Ltd.
Oiltanking Company
OMV Australia pty Ltd.
Origin Energy
Overseas Shipholding Group
Palmali Group
Partex
Pertamina
Petroanzoategui
Petrobel
Petrobras
Petrocedeno
Petrochemicals Ltd.
Petroci Overseas
Petrodar Operating Company
Petroguin
Petroleos de Venezuela Marina
Petróleos de Venezuela, S.A. (PdVSA)
Petróleos Mexicanos (Pemex)
Petroleum Development Oman (PDO)
Petroliam Nasional Berhad (PETRONAS)
Petromonagas
Petropiar
Petroplus
PetroSA
PetroVietnam Transportation
Philippine National Oil Company
Polar Tankers
Premier Oil
President Marine
PT Berlian Laju Tanker
PT Daya Radar Utama
PT Dok dan Perkapalan Surabaya
PT Dumas Tanjung Perak Shipyard
PT PAL Indonesia
PTT Public Company Limited
Queiroz Galvao
Reederei Nord
Reliance Industries Limited
Reliance Petroleum Limited
Repsol
Repsol YPF
ROC Oil Company
Rongshen Heavy Industries
Rosneft
Rosneft Marine
Rosneft-Nakhodkanefteprodukt
Royal Dutch Shell
Russian Admiralty Shipyard
Sakhalin Oil and Gas Development Company
Samos Steamship
Samsung Heavy Industries
Santos
Sasebo Heavy Industries
Sasol
Saudi Aramco
SCF Marpetrol S.A.
Scheldepoort B.V.
Scorpio Tankers
Sea River Maritime Inc.
Sembawang Shipyard Pte Ltd.
Sembcorp Marine
Shanghai North Sea Shipping Co., Ltd.
Shell Deutschland Oil GmbH
Shell Petroleum Development Company
Shell Trading & Shipping
ShipConstructor Software Inc.
Shipping Corporation of India (SCI) Ltd.
Simpson Spence & Young Ltd.
Singapore Petroleum Company
Singapore Refining Company
Singaporean Portek
Sinopec Kantons Holdings Limited
Sinotrans Shipping Ltd.
SK Energy
Societe de Raffinage de Dunkerque
Societe des Petroles du Senegal (Petrosen)
Sonatrach
Soon Fong Shipping PTE, Ltd
Sovcomflot
Sovcomflot Cyprus Ltd.
Sovcomflot UK Ltd
Stasco Ship Management
State Oil Company of Azerbaijan Republic (SOCAR)
Statoil
Stena Bulk
Sterling Energy
Strike Energy
Strusim Structures & Simulation
Stuart Petroleum Ltd.
STX Finland
STX Offshore & Shipbuilding
Sumitomo
Summa Group
Sun Shipbuilding & Dry Dock Company
Suncor Energy
Sungdong Shipbuilding and Marine Engineering
Surabaya
Svenska Petroleum Exploration
Tanker Pacific
Tankers International
Tap Oil Ltd.
Technip USA
Teekay Corporation
Teekay Offshore
Teekay Shipping Corporation
Tengizchevroil
The Bahrain Petroleum Company
Thenamaris
ThyssenKrupp
TNK-BP
Torm
Total
TPAO
TransCanada
Transneft
Tri Star Petroleum
Tsakos Energy Navigation
Tsuneishi Shipbuilding
Tuas Terminal
Tullow Oil
Ultramar
Unicom Management Services Ltd.
United Industrial Corporation
United Shipbuilding Corporation
Univan Ship Management Ltd.
Universal Cargo Logistics BV
Universal Shipbuilding Corporation
Universal Terminal
Vale China
Vanco Energy Company
Vela International Marine Ltd.
Vergos Marine Management S.A.
VF Tanker-Invest
VIBA Oil Company
Victoria Petroleum NL.
Vietnam National Shipping Lines
Viktor Lenac Shipyard
Vinashin Lines
Vitol Tank Terminals International (VTTI)
Volga-Baltic Logistics Holding
Wah Kwong Ship Management Ltd.
Wilhelmsen Group
Wilhelmsen Ship Management d.o.o.
Xcel Oil Ltd.
Yasa Shipping Industries & Trading
Yundai-Vinashin Shipyard
ZAO Rosnefteflot
Zebec Marine Consultants and Services
Zwitina Oil Company
Government Agencies and Other Organisations Mentioned in This Report
British Geological Survey
Bureau of Ocean Energy Management (BOEM)
European Maritime Safety Agency (EMSA)
European Port State Control
European Union
Federal Reserve
Indian Ministry of Shipping and Transport
International Association of Independent Tanker Owners (INTERTANKO)
International Energy Agency (IEA)
International Marine Organisation
International Maritime Organisation (IMO)
International Tanker Owners Pollution Federation Limited (ITOPF)
Iraq Oil Ministry
Maritime Research Institute Netherlands
Maritime Training Institute
Maritime Training Institute (MTI)
National Energy Board (Canada)
Oil & Petroleum Exporting Countries (OPEC)
Royal Institute of Naval Architects
Statistics Norway
Suez Canal Authority (SCA)
The London Tanker Brokers' Panel
The Ship Valuation Panel
The Worldscale Association
UAE Minister of Energy
US Army Corps of Engineers
US Coast Guard
