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McQuilling Services Announces the Release of the 2024-2028 Tanker Market Outlook

Jan. 31, 2024

New York – January 30, 2024 – McQuilling Services is pleased to announce the release of its 27th anniversary edition, 2024-2028 Tanker Market Outlook. This 196-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tanker demand and supply projections across eight vessel classes. The interaction of tanker demand and vessel supply variables is processed using advanced quantitative modeling to produce a five-year spot and time charter equivalent (TCE) forecast for eight vessel classes across 27 benchmark tanker trades, plus five triangulated trades. Given the Our forecasts are prepared on a “Status Quo” basis, however, we have synthesized the most recent market shocks, including tanker rerouting due to the Red Sea tensions. In this report, our clients are provided proprietary vessel demand assessments and correlated earnings forecasts from these geopolitical scenarios.