McQuilling Services Announces Release of 2017-2021 Tanker Market Outlook
Jan. 25, 2017
New York – January 25, 2017 – McQuilling Services is pleased to announce the release of its 20th Anniversary Edition 2017-2021 Tanker Market Outlook. This 200-page report provides a five-year spot and time charter equivalent (TCE) outlook for eight vessel classes across 19 benchmark tanker trades, plus two triangulated trades. Also included in the report is a robust five-year asset price outlook as well as a one and three-year time charter forecast through 2021.
With 20 years of tanker rate forecasting expertise, McQuilling Services is a leader in the industry and continues to support a variety of stakeholders in the energy ...
McQuilling Services' Outlook Methodology
Jan. 17, 2017
Over the past 20 forecasting cycles, the primary objective of producing the Tanker Market Outlook has been to develop a logical thought progression based on demand and supply fundamentals for our clients’ use. Our industry models are intended to explain a significant portion of the behavior of tanker spot freight market levels and to project them into the future. While the concepts remain quite intuitive, the math has become increasingly complex.
McQuilling Services uses a multi-dimensional approach for producing forecasts which combines analysis with experience and observation. The resulting forecasts are based on a combination of results from analytical regression ...
What is the Tanker Market Outlook?
Jan. 9, 2017
Forecasting the future in most industries is an activity characterized by imprecise results. Nonetheless, firms must develop some basis for planning for their future business activities. This is especially true for those in the tanker shipping industry where marine logistics is a key part of the supply logistics chain and ships represent capital investments.
Twenty forecasting cycles ago, marine transport consultancy, McQuilling Services, recognized a need for tanker freight rate forecasts, which is why they developed what’s known today as the “Tanker Market Outlook.” This report, produced on an annual basis, provides market participants with a five-year tanker freight ...