Market outlook for the aframax sector from 2010 to 2015
This research paper presents the usage of both univariate and sensitivity analysis techniques to determine the outlook for Aframax tankers in the Indo-Pacific for the next five years, by analyzing both demand and supply of Aframax transportation. Demand of Aframax transportation is affected by world...
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| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2011
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| Online Access: | http://hdl.handle.net/10356/44939 |
| _version_ | 1826110878654660608 |
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| author | Chan, Xian Ming. |
| author2 | School of Civil and Environmental Engineering |
| author_facet | School of Civil and Environmental Engineering Chan, Xian Ming. |
| author_sort | Chan, Xian Ming. |
| collection | NTU |
| description | This research paper presents the usage of both univariate and sensitivity analysis techniques to determine the outlook for Aframax tankers in the Indo-Pacific for the next five years, by analyzing both demand and supply of Aframax transportation. Demand of Aframax transportation is affected by world economy and trading pattern between countries and regions whilst supply of Aframax transport is determined by fleet size, affected by the number of new deliveries and demolitions.
Demand for Aframax transport in the Indo-Pacific is expected to increase due to strong economic growth, development of Strategic Petroleum Reserves and refinery activities in the region. Despite the increase in oil demanded, supply of crude oil has been decreasing due to reduced oil production and an increase in domestic oil consumption by main oil exporting nations in the Indo-Pacific. This leads to a reduction in intra-regional oil trade and a reduction in Aframax transport. |
| first_indexed | 2024-10-01T02:41:24Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/44939 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T02:41:24Z |
| publishDate | 2011 |
| record_format | dspace |
| spelling | ntu-10356/449392023-03-03T17:20:28Z Market outlook for the aframax sector from 2010 to 2015 Chan, Xian Ming. School of Civil and Environmental Engineering Soh Woei Liang DRNTU::Engineering::Maritime studies This research paper presents the usage of both univariate and sensitivity analysis techniques to determine the outlook for Aframax tankers in the Indo-Pacific for the next five years, by analyzing both demand and supply of Aframax transportation. Demand of Aframax transportation is affected by world economy and trading pattern between countries and regions whilst supply of Aframax transport is determined by fleet size, affected by the number of new deliveries and demolitions. Demand for Aframax transport in the Indo-Pacific is expected to increase due to strong economic growth, development of Strategic Petroleum Reserves and refinery activities in the region. Despite the increase in oil demanded, supply of crude oil has been decreasing due to reduced oil production and an increase in domestic oil consumption by main oil exporting nations in the Indo-Pacific. This leads to a reduction in intra-regional oil trade and a reduction in Aframax transport. Bachelor of Science (Maritime Studies) 2011-06-07T04:02:02Z 2011-06-07T04:02:02Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/44939 en Nanyang Technological University 308 p. application/pdf |
| spellingShingle | DRNTU::Engineering::Maritime studies Chan, Xian Ming. Market outlook for the aframax sector from 2010 to 2015 |
| title | Market outlook for the aframax sector from 2010 to 2015 |
| title_full | Market outlook for the aframax sector from 2010 to 2015 |
| title_fullStr | Market outlook for the aframax sector from 2010 to 2015 |
| title_full_unstemmed | Market outlook for the aframax sector from 2010 to 2015 |
| title_short | Market outlook for the aframax sector from 2010 to 2015 |
| title_sort | market outlook for the aframax sector from 2010 to 2015 |
| topic | DRNTU::Engineering::Maritime studies |
| url | http://hdl.handle.net/10356/44939 |
| work_keys_str_mv | AT chanxianming marketoutlookfortheaframaxsectorfrom2010to2015 |