TANKER FLEET - SUPPLY

Tanker & Combined Carrier Fleet Details (above 10,000 dwt) as per January 2007 (*Chemical incl. all tankers with IMO type no)
Size ‘000 dwt	Fleet No	Order-bk No	Fleet m. dwt	Order-bk m. dwt	Dbl.Hull No	Dbl.Hull m. dwt	Dbl. Hull share	Tot. Av. Age	10 yrs+	15 yrs+	20 yrs+	25 yrs+
10-60	2,444	949	76.6	33.3	1,602	52.5	67%	12.9	47%	37%	28%	13%
60-80	327	132	22.7	9.5	236	17.3	72%	10.5	42%	34%	25%	6%
80-120	712	246	75.4	27.1	474	58.1	77%	9.8	40%	24%	11%	4%
120-200	384	111	53.2	17.6	326	42.9	79%	9.2	38%	20%	5%	2%
200 +	488	175	142.9	53.5	325	98.6	69%	9.0	41%	15%	3%	0%
Totals	4,355	1,613	370.8	141	2,963	269.4	72%	11.5	42%	23%	11%	4%
Of which:
Chemical	1,000	477	26	11.9	1,210	36.7	83%	10.1	39%	30%	23%	10%
Comb.	71	-	6.4	-	50	4.4	69%	17.2	83%	53%	26%	5%
Tanker & Combined Fleet Development 1995-2006 (above 10,000 dwt) (m dwt)
(End year)	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006
Tanker fleet	296.1	297.7	297.9	300	303.2	309.2	304.1	306.9	315.5	331.3	358.5	370.8
Demolition	13.2	9.2	4.4	9.1	16.7	14.8	16.0	19.0	19.7	7.8	4.0	2.6
Deliveries	11.1	12.1	7.5	13.7	19.9	21.2	16.8	23.4	30.5	28.0	29.7	25.8
Ordering	9.2	13.2	29.4	18.7	14.9	34.6	24.2	20.3	48.9	38.3	27.7	79.2
Ordering (USD bn)	3.6	6.7	11.5	6.1	4.0	12.1	10.4	8.6	20.5	23.3	21.7	51.5

The 10 Largest Independent Tanker Companies
Owner	No. tankers	M. Dwt
Mitsui OSK Lines	92	12.6
Frontline	52	11.4
OSG Ship Management	87	8.4
NYK Line	31	7.9
Kristen Navigation	33	7.9
Teekay Shipping	76	8.7
AET Inc	52	6.5
Euronav	24	6.2
Dr. Peters Gmbh	31	6.1
Tsakos Shipping & Trading	42	5.0
Total	520	80.7	(26%)
Independent Fleet	3,705	308.6	(100%)

The 10 Largest Oil Co./State Tanker Companies
Owner	No. Tankers	M. Dwt
Saudi Aramco	28	6.8
NITC	30	6.0
Sovcomflot	42	4.1
China Shipping Group	77	4.0
BP	44	3.9
Shipping Corp. of India	44	3.8
Novoship	57	3.8
Cosco, China	28	3.4
Titan Petrochemicals	23	3.3
Petronas	36	3.1
Totals	409	42.2
Total Oil/State Fleet	737	67.3

Tanker Fleet Ownership/Control
Ownership	Numbers	M. Dwt	Share of total	Av. Age
Independent	3,588	300.2	84%	11.5
Oil Company	108	14.9	6%	9.0
State owned	418	32.0	5%	15.9
State oil company	211	20.2	5%	15.2
Totals	4,355	370.8	100%	11.5

INTERTANKO Fleet
Control	No. of Members	Share of total
0-1 tanker	34	1%
2-5 tankers	97	11%
6-10 tankers	63	15%
11-15 tankers	24	11%
16-20 tankers	13	6%
21 tankers +	31	56%
Totals	262	100%

*10 members with no vessels registered in INTERTANKO Total: 262 members, 2,663 tankers, 221.4 million dwt, average age 10.6 years.

INTERTANKO Membership fleet 2006 by type of tanker (by number)

Membership fleet by class (m dwt)

Membership fleet by flag (m dwt)

Tanker Trade Development 1995-2006
Seaborne trade	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	E06
Crude bn tonne miles	7,224	7,495	7,830	7,889	7,980	8,180	8,074	7,848	8,390	8,795	8,840	9,105
Crude m tonne	1,415	1,466	1,519	1,535	1,550	1,608	1,592	1,588	1,673	1,792	1,810	1,840
Product bn tonne miles	1,945	2,040	2,050	1,970	2,055	2,085	2,105	2,050	2,190	2,325	2,510	2,635
Product m tonnes	381	404	410	402	415	419	425	414	440	461	495	517
Oil demand (mbd)	70.0	71.9	73.7	74.4	76.0	76.6	77.3	77.7	79.2	82.4	83.6	84.5
OPEC crude prod (mbd)	24.7	25.2	25.8	27.2	28.0	26.6	27.8	27.0	27.1	28.9	29.7	29.7
AG OPEC prod (mbd)	16.9	17.1	17.1	17.4	18.5	19.1	19.8	18.9	17.6	19.1	20.7	21.0
Non-OPEC prod (mbd)	41.6	42.5	43.6	44.5	44.9	44.9	46.0	46.8	48.2	49.2	49.0	49.5

Tanker phase out based on MARPOL 13 G
dwt category	>=2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	Total	Orderb.
5-29,999	2.7	0.7	0.9	0.5	0.9	0.4	0.3	0.4	0.3	1.6	8.8
30-59,999	1.9	0.9	0.9	0.8	1.7	0.3	0.6	0.6	0.5	1.8	9.9	22.7
60-79,999	0.5	0.6	0.6	0.7	1.3	0.5	0.3	0.2	0.1	0.9	5.7	9.4
80-119,999	0.0	2.0	0.4	0.5	1.6	1.9	1.4	1.1	1.0	4.6	14.5	25.3
120-199,999	0.0	0.0	0.3	0.4	0.4	0.0	0.3	0.7	1.3	5.4	8.8	17.1
VLCC	0.0	0.2	0.3	0.9	1.6	1.5	1.5	1.8	3.7	30.6	42.2	51.7
Total	5.1	4.4	3.4	3.8	7.5	4.6	4.4	4.8	6.9	44.9	89.9	126.2

These figures assume all SH tankers will trade to 2015 or until 25 years old. However IF no SH tankers trade after 2010 (except DB and DS vessels), 2010 phase-out would be c. 60m dwt. To maintain balance, 15m dwt of additional newbuilding is required for 2010 in addition to the 21m dwt already on order for that year (thus 36m dwt total) IF there is a 4.5% pa increase in tanker demand from 2007.

Accidental oil spills from tankers ('000) tonnes

Tanker incidents - all tanker types and sizes

52% of the tankers reported to be involved in incidents in 2006 were below 10,000 dwt and only 12% were above 100,000 dwt

Crude oil seaborne trade - Indices

INTERTANKO London St Clare House 30-33 Minories London EC3N 1DD United Kingdom Tel: +44 20 7977 7010 london@intertanko.com

INTERTANKO Oslo Bogstadveien 27B PO Box 5804 Majorstua N-0308 Oslo Norway Tel: +47 22 12 26 40 oslo@intertanko.com

INTERTANKO Asia 5 Temasek Boulevard, #12-07 Suntec City Tower Singapore 038985 Tel: +65 6333 4007 singapore@intertanko.com

INTERTANKO North America 801 North Quincy Street Suite 200 Arlington, VA 22203 USA Tel: +1 703 373 2269 washington@intertanko.com

All percentages calculated on a dwt basis. Tanker fleet as of January 2007. Membership as of January 2007.
Sources of information: LR/Fairplay, Fearnleys, ITOPF, IEA, BP, Informa, INTERTANKO, Clarkson. Inge Steensland AS.

Whilst every effort has been made to ensure that the information is correct, INTERTANKO can not accept any responsibility for any errors or omissions or any consequences resulting therefrom.