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Crude Oil Carriers Market, by Vessel Type - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024

The Worldwide Crude Oil Carriers Sector, Forecast until 2024

  • March 2016
  • 112 pages
  • ID: 3999349
In this report:
Some of the most prominent drivers are declining crude oil prices proving to be beneficial for the crude oil carriers market and world economy influencing the demand for crude oil transportation.
The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global crude oil shipping market.

Summary

Table of Contents

This research study examines the industry for crude oil carriers both in terms of revenue and volume. The crude oil carriers sector has been broken down by vessel type and area. In terms of region, the sector has been divided into four segments that comprise 10 countries, which are the main players in the overall crude oil carriers market. For the industry research, 2015 has been taken as the base year, while all forecasts have been given for the time span from 2016 to 2024. Market data for all the segments has been provided at the regional as well as country-specific level from 2016 to 2024. The analysis offers a broad competitive analysis of companies involved in the crude oil shipping business. The market research also comprises the main market dynamics including drivers, market restraints, and alternatives affecting the overall crude oil shipping market. These market dynamics were analyzed in detail and are illustrated in the industry report with the help of supporting graphs and tables. The study also offers an exhaustive analysis of the overall crude oil carriers market with the help of Porter's Five Forces model. This analysis helps in understanding the five main forces that affect the market structure and market profitability. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of additional entrants, threat of substitutes, and degree of competition.

The high-level analysis in the analysis offers in-depth insights into the crude oil shipping business globally. There are currently many drivers of the market. Some of the most main drivers are declining crude oil prices proving to be beneficial for the crude oil carriers market and world economy influencing the industry demand for crude oil transportation. Analysis of market appeal was carried out for the crude oil carriers market based on geography. Market interest was estimated based on frequent parameters that directly impact the crude oil carriers market in different areas. The parameters contain shipping costs, government policies, crude oil demand, and applications including automobile.

Shipping of petroleum liquids including crude oil comprises various distinct operations, each of which signifies a plausible source of evaporation loss. Crude oil is transported from production facilities to refineries by crude oil carriers, rail tank cars, barges, pipelines, and tank trucks. Coastal tank vessel trades are functioned by crude carriers, tank barges, and product tankers. Crude carriers serve the West Alaska coast crude oil trades. Crude oil carriers are generally referred to as oil tankers, which transport crude oil from one location to another.

The crude oil carriers market was broken down based on vessel type (VLCC/ULCC, Suezmax, Aframax, and Panamax). The crude oil carriers market was analyzed across four geographies: North America continent, Asia Pacific (APAC), Europe (EU), and Rest of the globe. Regional data has been specified for each sub-segment of the crude oil carriers market. Top players in the crude oil carriers market contain AET Tanker Holdings Sdn Bhd, The National Shipping Company of Saudi Arabia, China Shipping Development Corp, Dynacom Tankers Management Ltd., Euronav, Frontline Ltd., Maran Tankers Management Inc., National Iranian Tanker Company, NYK line, Ocean Tankers Ltd., OMAN SHIPPING COMPANY S.A.O.C., Overseas Shipholding Group, Sovcomflot Group, and Teekay Corporation. The market research offers an overview of these companies, succeeded by their financial details, strategic management, and recent evolutions.

Crude Oil Carriers Market: By Vessel Type

Crude Oil Carriers Market: By area

North America (NA)

USA

Rest of North America (NA)

Europe (EU)

Greece

Belgium

Rest of europe (EU)

Asia-Pac

China (CN)

South Korea (KR)

Singapore

Japan (JP)

Malaysia

Rest of Asia Pacific (APAC)

Rest of World

Iran

Saudi arabia (SA)

Others

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