London ship brokers according to the latest statistics, the world currently only 53 single-hull very large oil tankers (VLCC) is still operating, only 10% of the total global VLCC; global single-hull Suezmax tankers leaving only 20 in operation , accounting for 5%. China Merchants Securities (600,999) analysts often Tao that although the single-hull tankers and the dismantling of the number of operations has been the lack of very detailed data, but the rate of single-hull tanker phase-out in the accelerated, single-hull tankers by 2010 the proportion of the total capacity will be about 5%.
Donghai Securities analyst Zhang Hui said the phasing out of single hull tankers, tanker transport market will certainly have a positive impact on the formation, but the recent drop in oil prices and demand are relatively stable, is still difficult to change the current downturn in the tanker freight rates, the performance of listed companies on the tanker will be very limited stimulation.

speed up the elimination of frequent oil spills speed

and double-hull tankers compared to single-hull oil tankers more prone to leakage, once the leak, causing serious pollution to the environment, therefore, promote and enforce the International Covenant on tanker shipping company out of single hull tankers. Under the management and prevention of marine pollution from ships in international conventions on the single-hull oil tankers are classified, with the establishment of the phase-out schedule for single hull oil tankers, most single-hull tankers out of the market in 2010. However, if less than 25 years of age to meet the ship and get permission from the State flag and the country of loading and departure of the ship to accept the status of the International Maritime Organization assessment program, you can continue to operate until 2015.

According to Hui analysis, from the current operating situation, the low cost of single-hull oil tankers, operating costs than the double-hull oil tankers have advantages, it is slow to phase out single-hull oil tankers important factor.

but the frequency of oil spill is a strong impetus to the withdrawal of single hull tankers. Around the United States in 1990 on legislation to provide that oil tankers sailing in U.S. waters must have double hulls, the European Union in 2003 banned single-hull tankers from entering EU ports. Originally, only South Korea and Japan and other Asian countries, more single-hull oil tankers, and later South Korea in 2007 of a serious oil spill, a direct result of South Korea in advance out of single hull tankers. China had 2015 out single-hull oil tankers, and later the Ministry of Communications regulations, from 1 January 2010, the" out of China on the early implementation of single-hull tankers sailing program" was introduced to phase out ahead of time.

tanker freight rates improved for depression

by Bohai Securities analyst Ma Zhefeng understanding of the financial crisis in the shipping downturn experienced after the earlier of the tanker freight market is relatively good, optimistic about the basic logic is that the phasing out of single hull tankers, tanker capacity reduction tariffs will be increased. However, the current downturn in the freight tanker market point of view, single-hull oil tankers not to stimulate the tanker out clearly the purpose of tariff increases.

Baltic freight index of crude oil, continue to decline and the recent freight index hit a year low. September 21 of the tariffs for 678 points on January 15 this year, the freight index to the year 1216 high point, high point of the current tariff level has dropped 44% or more.

Hui pointed out that the recent tariff not up, increasing transport capacity on the one hand, some oil tankers to enter the market; other On the one hand is the traditional low season for Transport, the relative volume shrinking.

market analysts agree that oil prices stabilize at around 80 U.S. dollars, such a steady state of the tanker needs little stimulation. It is understood that a large oil company in China is still" to the inventory of" digestion in the first half of the imported oil. Looking forward to the tanker market in the fourth quarter rebound in freight rates, it is also looking forward to affect the oil market, the occurrence of accidental factors.

More details, see: www.zgxu.com


This articlesource:China Trade Information (http://en.zgxu.com),detailed reference to the above website.