McQuilling Services, LLC Weekly Note(s): Number 23

The McQuilling Services Weekly Notes this week focus on (No. 23) "1H2009 Tanker Demand Analysis."

Tanker demand is typically measured in ton-mile units, taking into account not only the cargo being moved, but also the distance it travels. Specific data is available some time after actual cargo movements, which while allowing for a higher accuracy, causes some delay in data analysis. Having updated our records with the complete first half of 2009, we can now decipher the gains/losses across the dirty tanker sectors by import/export region. It is of no surprise that demand for tankers is down on a macro level, but the full picture can only be gained by “peeling back the onion.”

Contact McQuilling Services, LLC:

On the Web: www.mcqservices.com
E-Mail: [email protected]
Telephone: 516.227.5700 / (F) 516.745.6198

Please visit www.mcqservices.com to download other notes and information on the tanker markets.