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McQuilling: Global VLCC Fleet to Diminish from 2006 to 2010

McQuilling Services, LLC issued a report looking at the 27,500 Dwt global tanker fleet by sector and gauging expected changes in supply. The current fleet as a whole has grown by 25.7% since 1991, translating into a compound growth rate per annum of 1.65%. In contrast to this, McQuilling calls for supply growth of 7.43% of the global fleet, or 8.59% in Dwt terms, in 2005 alone.

This is only an excerpt of McQuilling: Global VLCC Fleet to Diminish from 2006 to 2010

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Written by: | Categories: Freshly Minted, Market Commentary | February 10th, 2005 |

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