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Industry Note No. 5 - 2018 Offshore Floating Systems Snapshot pdf

Download McQuilling Services 2018 Offshore Floating Systems Snapshot for a quick look at the age profile of the offshore floating fleet, size distribution, major deployment locations as well as newbuildings under construction and vessels undergoing conversion.

Industry Note No. 4 - Demolitions Up, Floating Storage Down....For Now pdf

The tanker demolition market has picked up the pace in 2018, following a period of below average deletions due to favorable market conditions and younger fleet profiles. From our analysis, one market factor does not drive tanker demolitions, but rather a confluence of factors such as an aging fleet, depressed freight rates, higher steel scrap prices and regulatory constraints, but also micro considerations from owners.

Industry Note No. 3 - 2018 Tanker Market outlook Scorecard pdf

McQuilling Services provides a summary of key market indicators reflecting past performance and future expectations in an easy to read scorecard format. This document displays a snapshot view of what to expect over the next year in comparison to previous market performance.

Industry Note No. 2 - McQuilling Forecast Performance pdf

Our overall forecast performance for 2017 was within 6.4% of actual market freight rates across the 19 trades that were monitored in the 2017 Outlook. This was achieved throughout a year that could be characterized by significant tanker oversupply, geopolitical tensions and evolving oil market fundamentals. This metric is a measure of the absolute average of the total variation on a trade-by-trade basis, regardless of whether we overcast or undercast the market on each trade. In other words, it is a measure of how close we came, on average, to the actual spot market rates observed on each trade.