Tanker Shipping Market by Type, Mode Of Transportation and Geography - Forecast and Analysis 2023-2027

Published: Aug 2023 Pages: 158 SKU: IRTNTR73096

Tanker Shipping Market Report 2023-2027 

The Global Tanker Shipping Market size is estimated to grow at a CAGR of 4.39% between 2022 and 2027. The market size is forecast to increase by 159.2 million t. The growth of the market depends on several factors such as growth in the global oil and gas logistics market, a rise in international seaborne trade, and growing LNG trade. 

This tanker shipping market report extensively covers market segmentation by type (oil tankers and liquid gas tankers), mode of transportation (coastal, deep sea, and inland), and geography (APAC, Europe, Middle East and Africa, North America, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Tanker Shipping Market During the Forecast Period?

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Tanker Shipping Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Tanker Shipping Market Driver

The rise in international seaborne trade is the key factor driving the growth of the market.  An increase in global exports and imports is a major factor contributing to the growth of the world economy. The third quarter of 2021 saw the value of world imports and exports rise to USD 5.6 trillion. International maritime trade continued to increase as a result of the growth in global trade activities after the 2008 financial crisis.

In addition, it costs less to ship by sea than is the case for alternative methods. This is expected to lead to an increase in the volume of seaborne trade. It is expected that, as a result of this growth in seaborne trade, the need for storage containers will grow and lead to increased demand in the global tanker shipping market during the forecast period.

Key Tanker Shipping Market Trends

Advances in the propulsion system of tankers is the primary trend in the market. Advances in technology have led to the development of double-reduced steam turbines and cross-mixed steam turbines. These steam turbines are compact in size and take up less space in the ship's engine room. In addition, the steam turbine also has the advantage of easy reverse motion, the reverse output power is only 50%.

Moreover, innovation in the propulsion system is possible due to the GDF SUEZ Global Energy and Provalys vessels. These ships are capable of being propelled by a dual-fuel diesel-electric propulsion (DFDE) system. The DFDE propulsion system is capable of using diesel and oil as well as steam-boiled gas, increasing the ship's efficiency by 25-30% compared to conventional propulsion systems. Hence, these factors will fuel the growth of the global tanker shipping market during the forecast period.

Key Tanker Shipping Market Challenge

High operational cost is a challenge that affects the growth of the market. Tank container maintenance requires significant capital investment due to various costly items, such as maintenance of ISO (International Organization for Standardization) classified tanks, crew costs, and expenses, repair, and regular operation maintenance.

Furthermore, many operational risks, such as technical failures, machinery breakdowns, extreme weather conditions, and collisions with other vessels, are associated with oil tanker transportation. In addition, the useful life of the tank container is only 10 to 12 years. After that,  certain renovations or overheads are required to prolong the useful life. Thus, these factors will impede the growth of the global tanker shipping market during the forecast period.

Tanker Shipping Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Tanker Shipping Market Customer Landscape

Who are the Major Tanker Shipping Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Tsakos Energy Navigation Ltd.: The company offers tanker shipping services constituting a mix of modern VLCC, suezmax, aframax, panamax, handysize and handymax tankers, LNGs and shuttle tankers to serve international petroleum product and crude oil transportation needs.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Bahri
  • COSCO Shipping Co. Ltd.
  • DHT Holdings Inc.
  • Eastern Pacific Shipping
  • Euronav NV
  • FRONTLINE PLC
  • IINO KAIUN KAISHA Ltd.
  • International Seaways Inc.
  • MAERSK TANKERS AS
  • Mitsui O.S.K. Lines Ltd.
  • Odfjell SE
  • PETRONAS Chemicals Group Berhad
  • SFL Corp. Ltd.
  • Sovcomflot
  • Stolt Nielsen Ltd.
  • Teekay Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Tanker Shipping Market?

The oil tankers segment is estimated to witness significant growth during the forecast period. The oil tanker is a general term used to refer to tankers that carry or transport products such as crude oil, gasoline, gasoline, paraffin, kerosene, refined petroleum, and other process-derived chemicals. crude oil refining. The global tanker shipping market is expected to witness significant growth due to the rising demand for products, such as petroleum and diesel, to meet the growing global auto sales.

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The oil tankers segment was the largest segment and was valued at 419.39 million t in 2017However, despite strong demand for crude oil and its products, the rise in tanker supply relative to demand creates a challenge to the tanker shipping market. The imbalance between oil tanker demand and supply reduces freight rates thereby boosting the growth of the tanker segment of the global tanker shipping market during the forecast period.

Which are the Key Regions for the Tanker Shipping Market?

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APAC is estimated to contribute 53% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Increased urbanization and a growing middle class have led to an increase in demand for cars in the region, which in turn has further increased demand for petroleum products such as diesel, gasoline, and gas.

Furthermore, crude oil demand is expected to increase due to growing consumption in China, India, Japan, South Korea, Indonesia, and Malaysia. Growing demand has prompted these countries to increase oil and gas production to meet future demand. As a result, these countries are ramping up their exploration and production (E&P) activities, which will boost the growth of the tanker shipping market in the region during the forecast period.

In 2020, the outbreak of COVID-19 had a negative impact on the tanker shipping market in APAC. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of activities in end-user industries. Hence, the demand for tanker shipping has risen, which will propel the growth of the regional market during the forecast period.

Segment Overview

The tanker shipping market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (Million t, 2017 - 2027)
    • Oil tankers
    • Liquid gas tankers
  • Mode Of Transportation Outlook (Million t, 2017 - 2027)
    • Coastal
    • Deep Sea
    • Inland
  • Region Outlook (Million t, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Tanker Shipping Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.39%

Market growth 2023-2027

159.2 million t

Market structure

Fragmented

YoY growth 2022-2023(%)

4.21

Regional analysis

APAC, Europe, Middle East and Africa, North America, and South America

Performing market contribution

APAC at 53%

Key countries

China, Singapore, South Korea, Japan, and Norway

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Bahri, COSCO Shipping Co. Ltd., DHT Holdings Inc., Eastern Pacific Shipping, Euronav NV, FRONTLINE PLC, IINO KAIUN KAISHA Ltd., International Seaways Inc., MAERSK TANKERS AS, Mitsui O.S.K. Lines Ltd., Odfjell SE, PETRONAS Chemicals Group Berhad, SFL Corp. Ltd., Sovcomflot, Stolt Nielsen Ltd., Teekay Corp., and Tsakos Energy Navigation Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Tanker Shipping Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, Middle East and Africa, North America, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Mode of Transportation
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million t)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global tanker shipping market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global tanker shipping market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 Mode of transportation Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Mode of transportation Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Oil tankers - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Oil tankers - Market size and forecast 2022-2027 (million t)
      • Exhibit 35: Data Table on Oil tankers - Market size and forecast 2022-2027 (million t)
      • Exhibit 36: Chart on Oil tankers - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Oil tankers - Year-over-year growth 2022-2027 (%)
    • 6.4 Liquid gas tankers - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Liquid gas tankers - Market size and forecast 2022-2027 (million t)
      • Exhibit 39: Data Table on Liquid gas tankers - Market size and forecast 2022-2027 (million t)
      • Exhibit 40: Chart on Liquid gas tankers - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Liquid gas tankers - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type (million t)
      • Exhibit 43: Data Table on Market opportunity by Type (million t)

    7 Market Segmentation by Mode of Transportation

    • 7.1 Market segments
      • Exhibit 44: Chart on Mode of Transportation - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Mode of Transportation - Market share 2022-2027 (%)
    • 7.2 Comparison by Mode of Transportation
      • Exhibit 46: Chart on Comparison by Mode of Transportation
      • Exhibit 47: Data Table on Comparison by Mode of Transportation
    • 7.3 Coastal - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Coastal - Market size and forecast 2022-2027 (million t)
      • Exhibit 49: Data Table on Coastal - Market size and forecast 2022-2027 (million t)
      • Exhibit 50: Chart on Coastal - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Coastal - Year-over-year growth 2022-2027 (%)
    • 7.4 Deep sea - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Deep sea - Market size and forecast 2022-2027 (million t)
      • Exhibit 53: Data Table on Deep sea - Market size and forecast 2022-2027 (million t)
      • Exhibit 54: Chart on Deep sea - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Deep sea - Year-over-year growth 2022-2027 (%)
    • 7.5 Inland - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Inland - Market size and forecast 2022-2027 (million t)
      • Exhibit 57: Data Table on Inland - Market size and forecast 2022-2027 (million t)
      • Exhibit 58: Chart on Inland - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Inland - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Mode of Transportation
      • Exhibit 60: Market opportunity by Mode of Transportation (million t)
      • Exhibit 61: Data Table on Market opportunity by Mode of Transportation (million t)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 (million t)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 (million t)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 (million t)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 (million t)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.6 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 (million t)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 (million t)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 (million t)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 (million t)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 (million t)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 (million t)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 Singapore - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Singapore - Market size and forecast 2022-2027 (million t)
      • Exhibit 92: Data Table on Singapore - Market size and forecast 2022-2027 (million t)
      • Exhibit 93: Chart on Singapore - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Singapore - Year-over-year growth 2022-2027 (%)
    • 9.10 South Korea - Market size and forecast 2022-2027
      • Exhibit 95: Chart on South Korea - Market size and forecast 2022-2027 (million t)
      • Exhibit 96: Data Table on South Korea - Market size and forecast 2022-2027 (million t)
      • Exhibit 97: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 (million t)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 (million t)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Norway - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Norway - Market size and forecast 2022-2027 (million t)
      • Exhibit 104: Data Table on Norway - Market size and forecast 2022-2027 (million t)
      • Exhibit 105: Chart on Norway - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Norway - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography (million t)
      • Exhibit 108: Market opportunity by geography (million t) - Volume

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Bahri
              • Exhibit 115: Bahri - Overview
              • Exhibit 116: Bahri - Business segments
              • Exhibit 117: Bahri - Key offerings
              • Exhibit 118: Bahri - Segment focus
            • 12.4 COSCO Shipping Co. Ltd.
              • Exhibit 119: COSCO Shipping Co. Ltd. - Overview
              • Exhibit 120: COSCO Shipping Co. Ltd. - Product / Service
              • Exhibit 121: COSCO Shipping Co. Ltd. - Key offerings
            • 12.5 Euronav NV
              • Exhibit 122: Euronav NV - Overview
              • Exhibit 123: Euronav NV - Business segments
              • Exhibit 124: Euronav NV - Key offerings
              • Exhibit 125: Euronav NV - Segment focus
            • 12.6 FRONTLINE PLC
              • Exhibit 126: FRONTLINE PLC - Overview
              • Exhibit 127: FRONTLINE PLC - Product / Service
              • Exhibit 128: FRONTLINE PLC - Key offerings
            • 12.7 IINO KAIUN KAISHA Ltd.
              • Exhibit 129: IINO KAIUN KAISHA Ltd. - Overview
              • Exhibit 130: IINO KAIUN KAISHA Ltd. - Product / Service
              • Exhibit 131: IINO KAIUN KAISHA Ltd. - Key offerings
            • 12.8 International Seaways Inc.
              • Exhibit 132: International Seaways Inc. - Overview
              • Exhibit 133: International Seaways Inc. - Business segments
              • Exhibit 134: International Seaways Inc. - Key offerings
              • Exhibit 135: International Seaways Inc. - Segment focus
            • 12.9 MAERSK TANKERS AS
              • Exhibit 136: MAERSK TANKERS AS - Overview
              • Exhibit 137: MAERSK TANKERS AS - Product / Service
              • Exhibit 138: MAERSK TANKERS AS - Key offerings
            • 12.10 Mitsui O.S.K. Lines Ltd.
              • Exhibit 139: Mitsui O.S.K. Lines Ltd. - Overview
              • Exhibit 140: Mitsui O.S.K. Lines Ltd. - Business segments
              • Exhibit 141: Mitsui O.S.K. Lines Ltd. - Key offerings
              • Exhibit 142: Mitsui O.S.K. Lines Ltd. - Segment focus
            • 12.11 Odfjell SE
              • Exhibit 143: Odfjell SE - Overview
              • Exhibit 144: Odfjell SE - Product / Service
              • Exhibit 145: Odfjell SE - Key offerings
            • 12.12 PETRONAS Chemicals Group Berhad
              • Exhibit 146: PETRONAS Chemicals Group Berhad - Overview
              • Exhibit 147: PETRONAS Chemicals Group Berhad - Business segments
              • Exhibit 148: PETRONAS Chemicals Group Berhad - Key news
              • Exhibit 149: PETRONAS Chemicals Group Berhad - Key offerings
              • Exhibit 150: PETRONAS Chemicals Group Berhad - Segment focus
            • 12.13 SFL Corp. Ltd.
              • Exhibit 151: SFL Corp. Ltd. - Overview
              • Exhibit 152: SFL Corp. Ltd. - Product / Service
              • Exhibit 153: SFL Corp. Ltd. - Key offerings
            • 12.14 Sovcomflot
              • Exhibit 154: Sovcomflot - Overview
              • Exhibit 155: Sovcomflot - Product / Service
              • Exhibit 156: Sovcomflot - Key offerings
            • 12.15 Stolt Nielsen Ltd.
              • Exhibit 157: Stolt Nielsen Ltd. - Overview
              • Exhibit 158: Stolt Nielsen Ltd. - Business segments
              • Exhibit 159: Stolt Nielsen Ltd. - Key offerings
              • Exhibit 160: Stolt Nielsen Ltd. - Segment focus
            • 12.16 Teekay Corp.
              • Exhibit 161: Teekay Corp. - Overview
              • Exhibit 162: Teekay Corp. - Product / Service
              • Exhibit 163: Teekay Corp. - Key offerings
            • 12.17 Tsakos Energy Navigation Ltd.
              • Exhibit 164: Tsakos Energy Navigation Ltd. - Overview
              • Exhibit 165: Tsakos Energy Navigation Ltd. - Product / Service
              • Exhibit 166: Tsakos Energy Navigation Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 167: Inclusions checklist
                • Exhibit 168: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 169: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 170: Research methodology
                • Exhibit 171: Validation techniques employed for market sizing
                • Exhibit 172: Information sources
              • 13.5 List of abbreviations
                • Exhibit 173: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              tanker shipping market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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