DUBLIN--(BUSINESS WIRE)--Dublin - Research and Markets (http://www.researchandmarkets.com/research/f0cb1f08/liquid_bulk_surviv) has announced the addition of the "Liquid Bulk Survival Tactics Deployed In Force In 2012" report to their offering.
Liquid Bulk Survival Tactics Deployed In Force In 2012- Executive Summary BMI continues to be bearish with regards to the global crude oil shipping sector in 2012. Rates remain depressed in the face of a massive glut of tonnage having come online in a time of slow growth in demand, and tanker operators' bottom lines are suffering as a result.
Through the year we expect to see these companies continue to struggle, especially those with large numbers of very large crude carriers (VLCCs) in their fleet, and above all those operating VLCCs on the spot market. Although the companies cannot control the demand side of the industry, there are a number of tactics through which they can try and control the supply dynamic, thereby pushing up rates. We expect these to be increasingly deployed in 2012, and are examined below.
In the Liquid Bulk Overview Q2 2012 we examine the global supply and demand outlook for crude oil and crude oil shipping, and outline what we expect will happen in 2012 and beyond. The first chapter, entitled 2012 Outlook For Crude Oil Tankers Remains Poor , lays out the reasons for our bearish outlook towards the crude oil shipping sector in 2012, examining the global crude oil demand story and the current orderbook for the global tanker fleet.
In Genmar Unlikely To Be Last Bankrupt Tanker Operator we look at the reasons behind high-profile tanker company General Maritime Corp filing for Chapter 11 bankruptcy proceedings, and lay out why we believe it will not be the last operator looking to secure a deal with creditors in 2012.
Those smaller companies unable to guarantee further financing may be forced to sell assets, leading to a measure of consolidation in the sector. In the following chapter, New Fredriksen Venture Frontline 2012 To Act As Consolidating Force In Supertanker Sector , we look at the reasons behind Frontline president John Fredriksen establishing a new company, Frontline 2012, and the strategy likely to be undertaken by the two companies in 2012.
For more information visit http://www.researchandmarkets.com/research/f0cb1f08/liquid_bulk_surviv.