H.P. Drewry Reports On Tanker Owners' Future
The scale of future independent tanker operations and the long-term role of independent tanker owners is the theme which forms the basis of Study No. 49, "The Role of Independent Tanker Owners," by H.P.
Drewry (Shipping Consultants) Limited of London, England.
In order to establish the different ways in which independent tanker owners operate, 25 leading owners have been examined in detail. At mid-1976, the 25 companies analyzed together owned 105 million dwt of tanker and combined carrier tonnage, which was equivalent to 30 percent of the world tanker and combined carrier fleet, and to 45 percent of the world independent tanker and combined carrier fleet. The significance of these leading independent owners is further increased when their chartering-in operations are taken into account.
A vessel-by-vessel analysis highlights the differences between leading independent owners in terms of size and age structure of owned fleets, the use of chartered-in tonnage, the employment (or lack of) of both owned and chartered-in tonnage, the use of domestic flag or flag of convenience, and any particular customer relations that have been established. These differences provide an essential background to the conclusions reached as to how market forces acting both to restrict and support the extent of current independent tanker operations can apply to individual companies.
Copies of Study No. 49, "The Role of Independent Tanker Owners," may be obtained from H.P. Drewry (Shipping Consultants) Limited, Palladium House, 1-4 Argyll Street, London W1V IAD, England, for $75 per copy.
Other stories from January 15, 1977 issue
- Sulzer Receives Order For Combined LPG/LNG Reliquefaction System page: 4
- American Heavy Lift Requests CDS To Build Two $14-Million Vessels page: 6
- DOT Approves Two Offshore Superports For Large Tankers page: 7
- Scindia Lines Plans $122-Million Ship Building Program page: 7
- Giant Aluminum LNG Sphere 12 Stories High Arrives At General Dynamics Quincy Yard page: 8
- NASSCO Delivers 90,000-DWT Chestnut Hill- Lays Keel For Fourth San Clemente-Class Tanker page: 9
- Exxon Awards IMODCO Contract To Construct Offshore Facility page: 10
- Uniflite, Inc. Delivers Four High-Speed Patrol Boats page: 12
- Prudential Lines Signs Contract For MARISAT Terminals For Entire LASH Fleet page: 12
- N.Y. SNAME Section Hosts Port Engineers And Institute Of Marine Engineers At Technical Meeting page: 14
- Halter Marine Services Delivers First Boat To New Company page: 22
- Tanker Built In Spain First To Use New Litton Navigation System page: 23
- Sun Releases Analysis Of World Tanker Fleet page: 24
- Adm. Ralph Cousins Elected President Of Newport News Shipbuilding & Dry Dock Co. page: 25
- Dravo Launches 40th Viking-Class Towboat page: 30
- Diamond Delivers Revolving Crane Trucks To N.C. State Ports page: 31
- Don Macauley Joins Atlantic Cordage Corp. As Marketing Manager page: 32
- Apelco Announces New Marine Radiotelephone page: 32
- Coast Guard Orders ENVIROVAC Systems page: 33
- MMC Introduces New Continuous Reading Tank Gauging System page: 34
- CF Industries Names David Titus Manager Seagoing Operations page: 34
- Saudi Arabia Bars Old Ships From Ports To Reduce Congestion page: 36
- Seatrain Appoints Magee To New Executive Post page: 38
- ADDSCO Promotes Bitowf And Roy page: 38
- Bath Iron Launches Fourth Ro/Ro Ship For States Steamship page: 39
- New Waste Oil Dehydrator Operating On Houston Channel page: 40
- H.P. Drewry Reports On Tanker Owners' Future page: 41
- Northwest Marine Christens Barge Alaska page: 42
- Halter Delivers Versatile 195-Foot Offshore Supply Vessel page: 43
- Alabama Docks Buys Land For Expansion page: 43