NEW YORK, Oct. 26, 2016 /PRNewswire/ -- This research study
analyzes the market for crude oil carriers both in terms of volume
(units) and revenue (US$ Bn). The crude oil carriers market has
been segmented on the basis of vessel type and geography. In terms
of region, the market has been divided into four segments that
comprise 10 countries, which are the major players in the global
crude oil carriers market. For the research, 2015 has been taken as
the base year, while all forecasts have been given for the period
from 2016 to 2024. Market data for all the segments has been
provided at the regional as well as country-specific level from
2016 to 2024. The report provides a broad competitive analysis of
companies engaged in the crude oil shipping business. The report
also includes the key market dynamics such as drivers, restraints,
and opportunities affecting the global crude oil shipping market.
These market dynamics were analyzed in detail and are illustrated
in the report with the help of supporting graphs and tables. The
report also provides a comprehensive analysis of the global crude
oil carriers market with the help of Porter's Five Forces model.
This analysis helps in understanding the five major forces that
affect the market structure and market profitability. The forces
analyzed are bargaining power of buyers, bargaining power of
suppliers, threat of new entrants, threat of substitutes, and
degree of competition.
The high-level analysis in the report provides detailed insights
into the crude oil shipping business globally. There are currently
numerous drivers of the market. Some of the most prominent drivers
are declining crude oil prices proving to be beneficial for the
crude oil carriers market and world economy influencing the demand
for crude oil transportation. Market attractiveness analysis was
carried out for the crude oil carriers market on the basis of
geography. Market attractiveness was estimated on the basis of
common parameters that directly impact the crude oil carriers
market in different regions. The parameters include shipping costs,
government policies, crude oil demand, and applications such as
automobile.
Shipping of petroleum liquids such as crude oil comprises many
different operations, each of which signifies a potential source of
evaporation loss. Crude oil is transported from production
facilities to refineries by crude oil carriers, rail tank cars,
barges, pipelines, and tank trucks. Coastal tank vessel trades are
functioned by crude carriers, tank barges, and product tankers.
Crude carriers serve the West
Alaska coast crude oil trades. Crude oil carriers are
generally referred to as oil tankers, which transport crude oil
from one location to another.
The crude oil carriers market was segmented on the basis of vessel
type (VLCC/ULCC, Suezmax, Aframax, and Panamax). The crude oil
carriers market was analyzed across four geographies: North America, Asia
Pacific, Europe, and Rest
of the World. Regional data has been provided for each sub-segment
of the crude oil carriers market. Key players in the crude oil
carriers market include AET Tanker Holdings Sdn Bhd, The National
Shipping Company of Saudi Arabia
(Bahri), China Shipping Development Corp (CSDC), Dynacom Tankers
Management Ltd., Euronav, Frontline Ltd., Maran Tankers Management
Inc., National Iranian Tanker Company, NYK line, Ocean Tankers
(pte) Ltd., OMAN SHIPPING COMPANY
S.A.O.C., Overseas Shipholding Group (OSG), Sovcomflot Group, and
Teekay Corporation. The report provides an overview of these
companies, followed by their financial details, business
strategies, and recent developments.
Crude Oil Carriers Market: By Vessel Type
VLCC/ULCC
Suezmax
Aframax
Panamax
Crude Oil Carriers Market: By Region
North America
U.S.
Rest of North America
Europe
Greece
Belgium
Rest of Europe
Asia Pacific
China
South Korea
Singapore
Japan
Malaysia
Rest of Asia Pacific
Rest of World
Iran
Saudi Arabia
Others
Read the full report:
http://www.reportlinker.com/p03999349-summary/view-report.html
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