Crude Oil Carriers Market is expected to reach US$ 330.08 Bn. at a CAGR of 4.2% during the forecast period 2030. The report has covered region wise market trends with competitive landscapeCrude Oil Carriers Market Drivers and Restrains:
Crude oil carriers are mostly referred to as oil tankers that is transport crude oil from one location to another. Oil tankers have become an essential part of the transportation process of crude oil around the world. Crude oil carriers are intended for the majority transport of crude oil. The different vessel sizes have enlarge the volume of crude oil that can be transported to several locations across the global. In terms of exports, crude oil heads across the Atlantic to Europe are reducing North America dependency on crude oil from other regions like the Middle East. Intensification of crude oil extraction activities are augmented the demand for the crude oil carrier market globally. The upsurge in the production of crude oil in the Middle East Africa region is anticipated to boost the crude oil carrier market growth during the forecast period.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. The global crude oil carriers market is driven by such as crude oil production, refining facilities, and consumers of oil products. The augmented pace of industrialization and globalization, growing a significant economic growth both in developing and urbanized countries has increased the demand for majority oil transportation facilities and services, which is likely to fuel the market growth during the forecast period. However, Fluctuation in crude oil price, cost of capital required to obtain new or second hand carrier ships are restraining the market growth at the global level. Fewer triangulation and Longer hauls options or backhaul routes to decrease ballasting are expected to create beneficial opportunities for industry participants.Segment Analysis:
Based on the vessel type, the very large crude carriers (VLCC) segment has led the crude oil carriers market in 2023 and is estimated to generate more than US$ xx Mn market revenue by 2030, with a CAGR of xx%. VLCC have a size range between 180,000 to 320,000 DWT and are capable of passing through the Suez Canal in Egypt, therefore, these carriers are widely used across the North Sea, the Mediterranean and West Africa. Demand for VLCC has increased by around 5% and is projected to grow with decreasing spot rate of VLCC due to reduced domestic production, especially in the Asia-Pacific region. VLCC and ULCC together held about xx% market share in 2023 owing to large number of VLCCs are presently in operation than other vessels type. Tanker vessel with a capacity of approximately 2 Mn barrels of crude oil, which is used to transport crude oil over long distances in inter-regional trade. Suezmax accounted for around 14% of the crude oil carriers market in 2023. Tanker vessel with a capacity of approximately 1 Mn barrels of crude oil that is used to ship crude oil and has the flexibility to do longer haul cargo as well as shorter regional trades. Aframax accounted for about 21% and Panamax accounted for the rest 2% of the crude oil carriers market share in 2023. Tanker vessel with a capacity of approximately 0.7 Mn barrels of crude oil, and is used to carry crude oil or dirty products (fuel oil) in mainly regional trades.Regional Insights:
Geographically, the crude oil carriers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held the prominent market share of xx% in 2023 and is expected to reach US$ Mn by the end of 2030, with a CAGR of xx%. Europe has the maximum number of crude tankers with around xx% of total crude oil tankers, Europe has the highest deadweight tons of tankers across the world. In Europe, Greece is the dominant country that presents the maximum numbers of the crude fleet company, with xxx crude oil carriers independently. Europe is expected to expand its crude oil carriers by around 7% during the forecast period. Also, Europe is more focused on having less pollutant crude oil carriers. It is estimated that Greece is constructing ten new liquefied natural gas (LNG) crude oil carriers, constructed by Hyundai Heavy Industries, which are expected to generate a new milestone in the crude oil carrier market. The market in Asia Pacific is expected to grow at a high CAGR of xx% during the forecast period. Especially China has store huge amounts of low cost crude oil in spite of its emerging economy. Asia-Pacific, particularly India's domestic crude production is declining from the past decade, which is anticipated to increase its dependency on the overseas nations and is likely to increase crude trade and thereby crude oil carrier market. Therefore, India's dependence on other countries for crude oil is estimated to create an opportunity for the crude oil carrier market in the coming years. Japan, China, South Korea, and Malaysia, has operate and own majority of the crude oil carriers and these countries are the major contributors in the overall crude oil carriers market. The Middle East is one of the largest producers of crude oil and is export its maximum volume of crude oil to Asia-Pacific. Moreover, the rising investments in research and development activities for the introduction of advanced crude oil carriers are predicted to accelerate the growth of this region in the near future. A report cover the recent development in market for the global crude oil carriers market e.g., 20 June 2021, Bermuda-based oil tanker shipping company Frontline has purchased a scrubber-equipped very large crude carrier (VLCC) resale under construction at Hyundai Samho Heavy Industries (HSHI). Frontline has placed an order for two LR2 newbuildings from Shanghai Waigaoqiao Shipbuilding (SWS) in China. According to the agreement, SWS is likely to deliver the two LR2 in January and March 2021 respectively. In 2021, the Maersk Tankers Company invested US$ 146.7 Mn for the order of six LR2 newbuildings.The objective of the report is to present a comprehensive analysis of the Global Crude Oil Carriers Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Crude Oil Carriers Market dynamics, structure by analyzing the market segments and project the Global Crude Oil Carriers Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Crude Oil Carriers Market make the report investor’s guide.Crude Oil Carriers Market Scope: Inquire before buying
Crude Oil Carriers Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 247.48 Bn. Forecast Period 2024 to 2030 CAGR: 4.2% Market Size in 2030: US $ 330.08 Bn. Segments Covered: by Hull Type Single Bottom Double Hull Double Bottom by Vessel Type Suezmax Panamax Aframax Small Medium Very large crude carriers Ultra Large crude carriers Crude Oil Carriers Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Crude Oil Carriers Market, Key Players:
1. Maersk Tankers 2. China Shipping Tanker Co. 3. Essar Shipping 4. Kuwait Oil Tankers Co. 5. Tankers International LLC. 6. OSG Ship Management Inc. 7. Keystone Alaska LLC 8. Alaska Tanker Co. 9. Shipping Corporation of India 10.Teekay Corporation 11.Frontline 12.Tsakos Energy Navigation Limited 13.Nordic American Tankers 14.Ship Finance International Limited 15.Taiyo Cabletec Corporation 16.China Cosco Shipping Corporation Limited 17.China Merchants Group Ltd. 18.National Iranian Oil Company (NIOC) 19.The National Shipping Co. Saudi Arabia 20.Euronav NV 21.Angelicoussis Shipping Group Ltd. 22.Minerva Marine Inc. 23.Petroliam Nasional Berhad (PETRONAS) 24.Sovcomflot Group 25.Dynacom Tankers Management Ltd. 26.Maran Tankers Management Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Crude Oil Carriers Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Crude Oil Carriers Market? Ans: The Global Crude Oil Carriers Market is growing at a CAGR of 4.2% during forecasting period 2024-2030. 3. What is scope of the Global Crude Oil Carriers Market report? Ans: Global Crude Oil Carriers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Crude Oil Carriers Market? Ans: The important key players in the Global Crude Oil Carriers Market are – Maersk Tankers, China Shipping Tanker Co., Essar Shipping, Kuwait Oil Tankers Co., Tankers International LLC., OSG Ship Management Inc., Keystone Alaska LLC, Alaska Tanker Co., Shipping Corporation of India, Teekay Corporation, Frontline, Tsakos Energy Navigation Limited, Nordic American Tankers, Ship Finance International Limited, Taiyo Cabletec Corporation, China Cosco Shipping Corporation Limited, China Merchants Group Ltd., National Iranian Oil Company (NIOC), The National Shipping Co. Saudi Arabia, Euronav NV, and Angelicoussis Shipping Group Ltd. 5. What is the study period of this Market? Ans: The Global Crude Oil Carriers Market is studied from 2023 to 2030.
Crude Oil Carriers Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Crude Oil Carriers Market Size, by Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Crude Oil Carriers Market Analysis and Forecast 6.1. Global Crude Oil Carriers Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Crude Oil Carriers Market Analysis and Forecast, by Hull Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Crude Oil Carriers Market Value Share Analysis, by Hull Type 7.4. Global Crude Oil Carriers Market Size (US$ Bn) Forecast, by Hull Type 7.5. Global Crude Oil Carriers Market Analysis, by Hull Type 7.6. Global Crude Oil Carriers Market Attractiveness Analysis, by Hull Type 8. Global Crude Oil Carriers Market Analysis and Forecast, by Vessel Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Crude Oil Carriers Market Value Share Analysis, by Vessel Type 8.4. Global Crude Oil Carriers Market Size (US$ Bn) Forecast, by Vessel Type 8.5. Global Crude Oil Carriers Market Analysis, by Vessel Type 8.6. Global Crude Oil Carriers Market Attractiveness Analysis, by Vessel Type 9. Global Crude Oil Carriers Market Analysis, by Region 9.1. Global Crude Oil Carriers Market Value Share Analysis, by Region 9.2. Global Crude Oil Carriers Market Size (US$ Bn) Forecast, by Region 9.3. Global Crude Oil Carriers Market Attractiveness Analysis, by Region 10. North America Crude Oil Carriers Market Analysis 10.1. Key Findings 10.2. North America Crude Oil Carriers Market Overview 10.3. North America Crude Oil Carriers Market Value Share Analysis, by Hull Type 10.4. North America Crude Oil Carriers Market Forecast, by Hull Type 10.4.1. Single Bottom 10.4.2. Double Hull 10.4.3. Double Bottom 10.5. North America Crude Oil Carriers Market Value Share Analysis, by Vessel Type 10.6. North America Crude Oil Carriers Market Forecast, by Vessel Type 10.6.1. Suezmax 10.6.2. Panamax 10.6.3. Aframax 10.6.4. Small 10.6.5. Medium 10.6.6. Very large crude carriers 10.6.7. Ultra Large crude carriers 10.7. North America Crude Oil Carriers Market Value Share Analysis, by Country 10.8. North America Crude Oil Carriers Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Crude Oil Carriers Market Analysis, by Country 10.10. U.S. Crude Oil Carriers Market Forecast, by Hull Type 10.10.1. Single Bottom 10.10.2. Double Hull 10.10.3. Double Bottom 10.11. U.S. Crude Oil Carriers Market Forecast, by Vessel Type 10.11.1. Suezmax 10.11.2. Panamax 10.11.3. Aframax 10.11.4. Small 10.11.5. Medium 10.11.6. Very large crude carriers 10.11.7. Ultra Large crude carriers 10.12. Canada Crude Oil Carriers Market Forecast, by Hull Type 10.12.1. Single Bottom 10.12.2. Double Hull 10.12.3. Double Bottom 10.13. Canada Crude Oil Carriers Market Forecast, by Vessel Type 10.13.1. Suezmax 10.13.2. Panamax 10.13.3. Aframax 10.13.4. Small 10.13.5. Medium 10.13.6. Very large crude carriers 10.13.7. Ultra Large crude carriers 10.14. North America Crude Oil Carriers Market Attractiveness Analysis 10.14.1. By Hull Type 10.14.2. By Vessel Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Crude Oil Carriers Market Analysis 11.1. Key Findings 11.2. Europe Crude Oil Carriers Market Overview 11.3. Europe Crude Oil Carriers Market Value Share Analysis, by Hull Type 11.4. Europe Crude Oil Carriers Market Forecast, by Hull Type 11.4.1. Single Bottom 11.4.2. Double Hull 11.4.3. Double Bottom 11.5. Europe Crude Oil Carriers Market Value Share Analysis, by Vessel Type 11.6. Europe Crude Oil Carriers Market Forecast, by Vessel Type 11.6.1. Suezmax 11.6.2. Panamax 11.6.3. Aframax 11.6.4. Small 11.6.5. Medium 11.6.6. Very large crude carriers 11.6.7. Ultra Large crude carriers 11.7. Europe Crude Oil Carriers Market Value Share Analysis, by Country 11.8. Europe Crude Oil Carriers Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Crude Oil Carriers Market Analysis, by Country 11.10. Germany Crude Oil Carriers Market Forecast, by Hull Type 11.10.1. Single Bottom 11.10.2. Double Hull 11.10.3. Double Bottom 11.11. Germany Crude Oil Carriers Market Forecast, by Vessel Type 11.11.1. Suezmax 11.11.2. Panamax 11.11.3. Aframax 11.11.4. Small 11.11.5. Medium 11.11.6. Very large crude carriers 11.11.7. Ultra Large crude carriers 11.12. U.K. Crude Oil Carriers Market Forecast, by Hull Type 11.12.1. Single Bottom 11.12.2. Double Hull 11.12.3. Double Bottom 11.13. U.K. Crude Oil Carriers Market Forecast, by Vessel Type 11.13.1. Suezmax 11.13.2. Panamax 11.13.3. Aframax 11.13.4. Small 11.13.5. Medium 11.13.6. Very large crude carriers 11.13.7. Ultra Large crude carriers 11.14. France Crude Oil Carriers Market Forecast, by Hull Type 11.14.1. Single Bottom 11.14.2. Double Hull 11.14.3. Double Bottom 11.15. France Crude Oil Carriers Market Forecast, by Vessel Type 11.15.1. Suezmax 11.15.2. Panamax 11.15.3. Aframax 11.15.4. Small 11.15.5. Medium 11.15.6. Very large crude carriers 11.15.7. Ultra Large crude carriers 11.16. Italy Crude Oil Carriers Market Forecast, by Hull Type 11.16.1. Single Bottom 11.16.2. Double Hull 11.16.3. Double Bottom 11.17. Italy Crude Oil Carriers Market Forecast, by Vessel Type 11.17.1. Suezmax 11.17.2. Panamax 11.17.3. Aframax 11.17.4. Small 11.17.5. Medium 11.17.6. Very large crude carriers 11.17.7. Ultra Large crude carriers 11.18. Spain Crude Oil Carriers Market Forecast, by Hull Type 11.18.1. Single Bottom 11.18.2. Double Hull 11.18.3. Double Bottom 11.19. Spain Crude Oil Carriers Market Forecast, by Vessel Type 11.19.1. Suezmax 11.19.2. Panamax 11.19.3. Aframax 11.19.4. Small 11.19.5. Medium 11.19.6. Very large crude carriers 11.19.7. Ultra Large crude carriers 11.20. Rest of Europe Crude Oil Carriers Market Forecast, by Hull Type 11.20.1. Single Bottom 11.20.2. Double Hull 11.20.3. Double Bottom 11.21. Rest of Europe Crude Oil Carriers Market Forecast, by Vessel Type 11.21.1. Suezmax 11.21.2. Panamax 11.21.3. Aframax 11.21.4. Small 11.21.5. Medium 11.21.6. Very large crude carriers 11.21.7. Ultra Large crude carriers 11.22. Europe Crude Oil Carriers Market Attractiveness Analysis 11.22.1. By Hull Type 11.22.2. By Vessel Type 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Crude Oil Carriers Market Analysis 12.1. Key Findings 12.2. Asia Pacific Crude Oil Carriers Market Overview 12.3. Asia Pacific Crude Oil Carriers Market Value Share Analysis, by Hull Type 12.4. Asia Pacific Crude Oil Carriers Market Forecast, by Hull Type 12.4.1. Single Bottom 12.4.2. Double Hull 12.4.3. Double Bottom 12.5. Asia Pacific Crude Oil Carriers Market Value Share Analysis, by Vessel Type 12.6. Asia Pacific Crude Oil Carriers Market Forecast, by Vessel Type 12.6.1. Suezmax 12.6.2. Panamax 12.6.3. Aframax 12.6.4. Small 12.6.5. Medium 12.6.6. Very large crude carriers 12.6.7. Ultra Large crude carriers 12.7. Asia Pacific Crude Oil Carriers Market Value Share Analysis, by Country 12.8. Asia Pacific Crude Oil Carriers Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Crude Oil Carriers Market Analysis, by Country 12.10. China Crude Oil Carriers Market Forecast, by Hull Type 12.10.1. Single Bottom 12.10.2. Double Hull 12.10.3. Double Bottom 12.11. China Crude Oil Carriers Market Forecast, by Vessel Type 12.11.1. Suezmax 12.11.2. Panamax 12.11.3. Aframax 12.11.4. Small 12.11.5. Medium 12.11.6. Very large crude carriers 12.11.7. Ultra Large crude carriers 12.12. India Crude Oil Carriers Market Forecast, by Hull Type 12.12.1. Single Bottom 12.12.2. Double Hull 12.12.3. Double Bottom 12.13. India Crude Oil Carriers Market Forecast, by Vessel Type 12.13.1. Suezmax 12.13.2. Panamax 12.13.3. Aframax 12.13.4. Small 12.13.5. Medium 12.13.6. Very large crude carriers 12.13.7. Ultra Large crude carriers 12.14. Japan Crude Oil Carriers Market Forecast, by Hull Type 12.14.1. Single Bottom 12.14.2. Double Hull 12.14.3. Double Bottom 12.15. Japan Crude Oil Carriers Market Forecast, by Vessel Type 12.15.1. Suezmax 12.15.2. Panamax 12.15.3. Aframax 12.15.4. Small 12.15.5. Medium 12.15.6. Very large crude carriers 12.15.7. Ultra Large crude carriers 12.16. ASEAN Crude Oil Carriers Market Forecast, by Hull Type 12.16.1. Single Bottom 12.16.2. Double Hull 12.16.3. Double Bottom 12.17. ASEAN Crude Oil Carriers Market Forecast, by Vessel Type 12.17.1. Suezmax 12.17.2. Panamax 12.17.3. Aframax 12.17.4. Small 12.17.5. Medium 12.17.6. Very large crude carriers 12.17.7. Ultra Large crude carriers 12.18. Rest of Asia Pacific Crude Oil Carriers Market Forecast, by Hull Type 12.18.1. Single Bottom 12.18.2. Double Hull 12.18.3. Double Bottom 12.19. Rest of Asia Pacific Crude Oil Carriers Market Forecast, by Vessel Type 12.19.1. Suezmax 12.19.2. Panamax 12.19.3. Aframax 12.19.4. Small 12.19.5. Medium 12.19.6. Very large crude carriers 12.19.7. Ultra Large crude carriers 12.20. Asia Pacific Crude Oil Carriers Market Attractiveness Analysis 12.20.1. By Hull Type 12.20.2. By Vessel Type 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Crude Oil Carriers Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Crude Oil Carriers Market Overview 13.3. Middle East & Africa Crude Oil Carriers Market Value Share Analysis, by Hull Type 13.4. Middle East & Africa Crude Oil Carriers Market Forecast, by Hull Type 13.4.1. Single Bottom 13.4.2. Double Hull 13.4.3. Double Bottom 13.5. Middle East & Africa Crude Oil Carriers Market Value Share Analysis, by Vessel Type 13.6. Middle East & Africa Crude Oil Carriers Market Forecast, by Vessel Type 13.6.1. Suezmax 13.6.2. Panamax 13.6.3. Aframax 13.6.4. Small 13.6.5. Medium 13.6.6. Very large crude carriers 13.6.7. Ultra Large crude carriers 13.7. Middle East & Africa Crude Oil Carriers Market Value Share Analysis, by Country 13.8. Middle East & Africa Crude Oil Carriers Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Crude Oil Carriers Market Analysis, by Country 13.10. GCC Crude Oil Carriers Market Forecast, by Hull Type 13.10.1. Single Bottom 13.10.2. Double Hull 13.10.3. Double Bottom 13.11. GCC Crude Oil Carriers Market Forecast, by Vessel Type 13.11.1. Suezmax 13.11.2. Panamax 13.11.3. Aframax 13.11.4. Small 13.11.5. Medium 13.11.6. Very large crude carriers 13.11.7. Ultra Large crude carriers 13.12. South Africa Crude Oil Carriers Market Forecast, by Hull Type 13.12.1. Single Bottom 13.12.2. Double Hull 13.12.3. Double Bottom 13.13. South Africa Crude Oil Carriers Market Forecast, by Vessel Type 13.13.1. Suezmax 13.13.2. Panamax 13.13.3. Aframax 13.13.4. Small 13.13.5. Medium 13.13.6. Very large crude carriers 13.13.7. Ultra Large crude carriers 13.14. Rest of Middle East & Africa Crude Oil Carriers Market Forecast, by Hull Type 13.14.1. Single Bottom 13.14.2. Double Hull 13.14.3. Double Bottom 13.15. Rest of Middle East & Africa Crude Oil Carriers Market Forecast, by Vessel Type 13.15.1. Suezmax 13.15.2. Panamax 13.15.3. Aframax 13.15.4. Small 13.15.5. Medium 13.15.6. Very large crude carriers 13.15.7. Ultra Large crude carriers 13.16. Middle East & Africa Crude Oil Carriers Market Attractiveness Analysis 13.16.1. By Hull Type 13.16.2. By Vessel Type 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Crude Oil Carriers Market Analysis 14.1. Key Findings 14.2. South America Crude Oil Carriers Market Overview 14.3. South America Crude Oil Carriers Market Value Share Analysis, by Hull Type 14.4. South America Crude Oil Carriers Market Forecast, by Hull Type 14.4.1. Single Bottom 14.4.2. Double Hull 14.4.3. Double Bottom 14.5. South America Crude Oil Carriers Market Value Share Analysis, by Vessel Type 14.6. South America Crude Oil Carriers Market Forecast, by Vessel Type 14.6.1. Suezmax 14.6.2. Panamax 14.6.3. Aframax 14.6.4. Small 14.6.5. Medium 14.6.6. Very large crude carriers 14.6.7. Ultra Large crude carriers 14.7. South America Crude Oil Carriers Market Value Share Analysis, by Country 14.8. South America Crude Oil Carriers Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Crude Oil Carriers Market Forecast, by Hull Type 14.9.1. Single Bottom 14.9.2. Double Hull 14.9.3. Double Bottom 14.10. Brazil Crude Oil Carriers Market Forecast, by Vessel Type 14.10.1. Suezmax 14.10.2. Panamax 14.10.3. Aframax 14.10.4. Small 14.10.5. Medium 14.10.6. Very large crude carriers 14.10.7. Ultra Large crude carriers 14.11. Mexico Crude Oil Carriers Market Forecast, by Hull Type 14.11.1. Single Bottom 14.11.2. Double Hull 14.11.3. Double Bottom 14.12. Mexico Crude Oil Carriers Market Forecast, by Vessel Type 14.12.1. Suezmax 14.12.2. Panamax 14.12.3. Aframax 14.12.4. Small 14.12.5. Medium 14.12.6. Very large crude carriers 14.12.7. Ultra Large crude carriers 14.13. Rest of South America Crude Oil Carriers Market Forecast, by Hull Type 14.13.1. Single Bottom 14.13.2. Double Hull 14.13.3. Double Bottom 14.14. Rest of South America Crude Oil Carriers Market Forecast, by Vessel Type 14.14.1. Suezmax 14.14.2. Panamax 14.14.3. Aframax 14.14.4. Small 14.14.5. Medium 14.14.6. Very large crude carriers 14.14.7. Ultra Large crude carriers 14.15. South America Crude Oil Carriers Market Attractiveness Analysis 14.15.1. By Hull Type 14.15.2. By Vessel Type 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.4. M&A by Regions, Investment and Applications 15.2.5. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Maersk Tankers 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. China Shipping Tanker Co. 15.3.3. Essar Shipping 15.3.4. Kuwait Oil Tankers Co. 15.3.5. Tankers International LLC. 15.3.6. OSG Ship Management Inc. 15.3.7. Keystone Alaska LLC 15.3.8. Alaska Tanker Co. 15.3.9. Shipping Corporation of India 15.3.10. Teekay Corporation 15.3.11. Frontline 15.3.12. Tsakos Energy Navigation Limited 15.3.13. Nordic American Tankers 15.3.14. Ship Finance International Limited 15.3.15. Taiyo Cabletec Corporation 15.3.16. China Cosco Shipping Corporation Limited 15.3.17. China Merchants Group Ltd. 15.3.18. National Iranian Oil Company (NIOC) 15.3.19. The National Shipping Co. Saudi Arabia 15.3.20. Euronav NV 15.3.21. Angelicoussis Shipping Group Ltd. 15.3.22. Minerva Marine Inc. 15.3.23. Petroliam Nasional Berhad (PETRONAS) 15.3.24. Sovcomflot Group 15.3.25. Dynacom Tankers Management Ltd. 15.3.26. Maran Tankers Management Inc. 16. Primary Key Insights