Not Logged In, Login,

Sunday, December 17, 2017

The orderbook for tankers below 80,000 dwt

The orderbook for tankers below 80,000 dwt

 

The table below shows that the tanker segment 10,000-29,999 dwt is shrinking significantly - the orderbook is small and the phase-out until 2010 is four times higher than deliveries.

 

The segment 30,000-44,999 dwt is also shrinking, but much less - the phase-out is only 15% greater than the orderbook.

 

The biggest orderbook is for tankers 45,000-59,999 dwt, representing 80% of the fleet in this segment, with the phase-out being only 17% of the orderbook.

 

The orderbook in the segment 60,000 – 79,999 dwt is 42% of the current fleet and the phase-out is 45% of the orderbook.

 

In 2007 the fleet in the segment 10,000 - 79,999 dwt may increase by some 8%.

 

Orderbook tankers 10-69,999 dwt

Year

10-29,000 dwt

35 - 41,999 dwt

45-53,500 dwt

60-76,000 dwt

Total

 

000 dwt

No

000 dwt

No

000 dwt

No

000 dwt

No

000 dwt

No

2006

222,275

16

639,400

17

1,870,430

39

1,673,524

23

4,405,629

95

2007

423,365

28

1,779,660

47

4,196,590

87

3,283,723

45

9,683,338

207

2008

144,400

10

1,167,000

30

5,599,500

116

2,198,400

31

9,109,300

187

2009

56,000

4

358,400

9

4,079,100

84

2,500,250

34

6,886,750

129

2010

 

 

 

 

1,259,200

26

375,000

5

1,634,200

31

Total

846,040

58

3,944,460

103

17,102,820

354

10,030,897

138

31,924,217

653

Phase out 10-69,999 dwt

 

10-29,999

30-44,999

45-59,999

60-79,999

Total

Overhang*

1,594,746

86

812,093

15

812,093

15

528,870

8

4,062,801

140

2006

303,192

18

276,142

8

 

 

 

 

579,334

26

2007

593,477

31

663,423

18

301,158

6

512,170

8

2,070,228

63

2008

862,131

36

243,457

6

707,031

14

630,794

10

2,443,413

66

2009

445,013

18

489,595

13

372,093

7

690,512

11

1,997,213

49

2010

2,438,581

110

2,865,825

74

941,498

19

2,721,759

41

8,967,663

244

 

4,642,394

213

4,538,442

119

2,321,780

46

4,555,235

70

16,057,851

448

*Overhang that appears to be scheduled to be phased out before 2006

Orderbook less phase out

2006

-80,917

-2

363,258

9

1,870,430

39

1,673,524

23

3,826,295

69

2007

-170,112

-3

1,116,237

29

3,895,432

81

2,771,553

37

7,613,110

144

2008

-717,731

-26

923,543

24

4,892,469

102

1,567,606

21

6,665,887

121

2009

-389,013

-14

-131,195

-4

3,707,007

77

1,809,738

23

4,889,537

80

2010

-2,438,581

-110

-2,865,825

-74

317,702

7

-2,346,759

-36

-7,333,463

-213

 

-3,796,354

-155

-593,982

-16

14,781,040

308

5,475,662

68

15,866,366

205

Current fleet

 

14,971,561

811

26,382,864

693

21,029,578

305

23,826,203

500

86,210,206

2,309

 

On the demand side, both the U.S. and Europe are increasing product imports and they may take more products from new refineries in India and the Middle East, boosting tonne-miles.

 

Oil product export and import

million tones: Source BP

Year

Products

Products increase

1999

447.6

 

2000

450.2

0.58%

2001

475.3

5.58%

2002

485.9

2.23%

2003

490.5

0.95%

2004

525.8

7.20%

2005

576.3

9.60%

 

Contact: Erik Ranheim