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Saturday, December 16, 2017

71% five year increase in double hull tankers calling in the U.S.

According to U.S. MARAD, from 1999 to 2003, tanker calls at U.S. ports increased by 7%. Over the same five-year period, calls by foreign-flag tankers engaged in U.S. import trades increased by 12%, reflecting the substitution of imports for domestic oil as domestic crude production fell and crude imports increased (Tables S-1 – S-3).

Over this period, petroleum imports increased by 13% (5 billion barrels) while domestic production fell by 4% (103 million barrels). In 2003, foreign-flag vessels accounted for 80% of tanker calls at U.S. ports, up from 76% four years earlier.

In 2003, 64% (11,903) of the tanker calls at U.S. ports were by double hull tankers, up from 40% (6,942) four years earlier (see table below). Of these, 6,576 were by tankers smaller than 70,000 DWT, which carry primarily petroleum products, and 5,327 were by tankers 70,000 DWT or greater.

For the period 1999 to 2003, double-hull tanker calls increased by 71% while single-hull tanker calls declined by 36% (See tables below).

Active tankers that called at U.S. ports and world ports, 2003 calls by flag.

Vessel Type

U.S. Call

World Call

% U.S. Call

% World Call

Tanker

1,544

3,572

100

100

  Single-Hull

    543

1,663

35

47

  Double-Hull

  1,001

1,909

65

53

Vessel Calls at U.S. Ports by Vessel Type, 1999 and 2003, and % change.

Vessel Type

1999

2003

% 99-03

Tanker

17,279

18,503

7.1

  Double-Hull

6,942

11,903

71.5

Product

10,875

10,998

1.1

  Double-Hull

3,996

6,576

64.6

Crude

6,404

7,505

17.2

  Double-Hull

2,946

5,327

80.8

Contact: Erik Ranheim