INTERTANKO - The International Association of Independent Tanker Owners
About INTERTANKO
A word from the Chairman
 
1. Annual Review
1.1 Chairman and Managing Director's review - Proud of our people ... proud of our ships
1.2 INTERTANKO services
1.3 INTERTANKO intervenes
1.4 INTERTANKO – Out and About
1.5 State of the industry
1.6 The Poseidon challenge
1.7 Pride in doing things properly
1.8 Heavy weather photographic competition results
1.9 INTERTANKO – Members in action
1.10 Committees
1.11 Regional panels
 
2. Members' Tankers
 
3. Annual Report
3.1 INTERTANKO - the organisation
3.2 Honorary Members and Executive Committee
3.3 Honorary Members and Governing Bodies
3.4 Members by registration country
3.5 Associate members by business
3.6 Secretariat
3.7 INTERTANKO publications
3.8 Articles of Association
 
4. Financial Report
 
5. Tanker Facts 2008
 
Tanker Facts 2008

Tanker & Combined Carriers (above 10,000 dwt) Fleet Details as per 01/2008 (Chemical includes chemical/oil carriers)
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 2,629 1,225 82.2 40 1,602 59.2 72% 11.7 43% 30% 22% 9%
60-80 342 129 24.0 9.5 271 19.3 80% 8.6 32% 26% 20% 5%
80-120 742 292 76.2 32.1 614 64.1 84% 8.9 36% 23% 9% 2%
120-200 361 141 54.7 22.3 306 46.7 85% 9.0 37% 23% 7% 3%
200 + 505 177 148.3 54.3 348 105.7 71% 8.4 37% 15% 2% 0%
Totals 4,579 1,964 385.4 158.2 2,963 295.0 77% 11.5 38% 23% 10% 4%
Of which:
Chemical 1,678 1,189 49.00 37.8 1,425 42.0 86% 9.1 50% 37% 27% 7%
Combo 52 - 4.2 - 41 3.8 84% 17.2 84% 55% 36% 7%
 
Tanker & Combined Fleet Development 1996-2008 (10,000 dwt and above)
(End year) 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Tanker fleet 297.7 297.9 300 303.2 309.2 304.1 306.9 315.5 333.7 356.2 375.8 397.5
Demolition 9.2 4.4 8.6 17.69 14.8 16.0 20.0 19.1 8.3 4.5 3.6 3.4
Deliveries 12.1 7.5 13.7 19.9 21.2 16.8 23.4 30.5 28.0 29.7 26.0 30.6
Ordering (m dwt) 13.2 29.4 18.7 14.9 34.6 24.2 20.3 48.9 38.0 29.3 84.7 43.6
Ordering (USD m) 6.7 11.5 6.1 4.0 12.1 10.4 8.6 20.2 22.4 23.8 56.4 40.8

The 10 Largest Independent Tanker Companies
Owner No. tankers M. dwt  
Mitsui OSK Lines 94 12.0  
Frontline/SFI 59 11.5  
NYK Line 56 11.1  
Teekay Shipping 80 9.1  
Anangel 31 7.5  
OSG Ship Management 62 6.9  
Euronav 29 6.6  
Dr. Peters Gmbh 32 6.4  
BW Shipping 24 5.8  
Dynacom 35 5.2  
Total 475 79.1 25%
Independent Fleet 3,802 315.7 100%

The 10 Largest Oil Co/State Tanker Companies
Owner No. Tankers M. dwt
Petronas/AET/MISC 60 7.0
Saudi Aramco 24 6.1
NITC 28 5.8
China Shipping Group 67 3.9
Sovcomflot 41 3.9
BP 36 3.8
Novoship 50 3.8
Shipping Corp of India 45 3.8
Cosco, China 29 3.4
Kuwait Petroleum Corp 26 3.2
Total 381 41.1
Total Oil/State Fleet 737 70.0

Tanker Fleet Ownership/Control
Ownership Numbers M. dwt Share of total Av. Age
Independent 3,802 315.7 82% 9.7
Oil Company 127 14.2 4% 10.9
State owned 390 24.5 6% 15.7
State oil company 260 31.0 8% 12.8
         
Totals 4,579 385.4 100% 11.5

INTERTANKO Fleet
Control No. of Members Share of total
0-1 tanker 28 1%
2-5 tankers 93 10%
6-10 tankers 62 13%
11-15 tankers 33 14%
16-20 tankers 12 6%
21 tankers + 33 57%
Totals 261 100%

*Note: 10 members with no vessels registered in INTERTANKO Total: 271 members, 2,900 tankers, 238m dwt, average age 9.1 years.

Membership by type of tanker (by number)

Membership by largest flag

Tanker Trade Development 1996-2007
Seaborne trade 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Est07
Crude bn tonne miles 7,495 7,830 7,889 7,980 8,180 8,074 7,848 8,390 8,795 9,239 9,516 9,705
Crude m tonne 1,466 1,519 1,535 1,550 1,608 1,592 1,588 1,673 1,754 1,784 1,814 1,850
Product bn tonne miles 2,040 2,050 1,970 2,055 2,085 2,105 2,050 2,190 2,305 2,510 2,635 2,755
Product m tonnes 404 410 402 415 419 425 414 440 461 495 517 535
Oil demand (mbd) 70.0 71.9 73.7 74.4 76.0 76.6 77.3 77.7 79.2 83.9 84.9 85.8
OPEC crude prod (mbd) 24.7 25.2 25.8 27.2 28.0 26.6 27.8 27.0 28.9 29.7 29.7 30.7
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 48.8 48.6 49.1 49.7

Tanker phase out based on MARPOL 13G all SH tankers to be phased out by end 2010, phase out figures medio March 2008
dwt category >=2007 2008 2009 2010 2011 2012 2013 2014 2015 Total M dwt Orderb.
5-29,999 302 36 21 230 5 5 2 1 17 619 5.9 c. 40.0
30-59,999 72 30 26 142 2 10 5 4 21 312 11.8
60-79,999 10 9 10 36 3 2 2 0 3 75 4.9 9.5
80-119,999 17 2 5 64 8 13 1 3 12 125 11.7 32.1
120-199,999 0 2 3 34 0 0 3 4 7 53 7.6 22.3
VLCC 1 1 2 116 0 0 1 1 3 125 34.1 54.3
Total 402 80 67 622 18 30 14 13 63 1309 76.1 158.2

The figures for the small tankers are uncertain. The figures for 2007 are tankers that according to our records already should have been phased out, but some of these may have been converted or operate in local trades.

Crude oil seaborne trade and tanker fleet indices 1978-2008

Reported tanker incidents 2007


47% of the tankers reported to be involved in a total of 325 incidents in 2007 were below 10,000 dwt and only 15% were above 100,000 dwt.

Reported tanker incidents/oil pollution 1978-2008

Oil tanker total losses by number

INTERTANKO London
St Clare House
30-33 Minories
London EC3N 1DD
United Kingdom
Tel: +44 20 7977 7010
london@intertanko.com
  INTERTANKO Oslo
Nedre Vollgate 4
5th floor
PO Box 761 Sentrum
N-0106 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

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.


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