文档介绍:Tanker Transportation
SHASHI N. KUMAR T
Maine Maritime Academy
Castine, Maine, United States
intraregional trades. Accordingly, this is a crucial
1. Brief History of Oil Trading and Tanker Transportation transportation segment for the munity of
2. Current Oil Movements and Tanker Demand Trends oil consumers as well as for the oil suppliers and
3. Tanker Nomenclature and Fleet Statistics traders and also the owners of these ships. Aside
4. The Economics of Tanker Markets from its mercial implications, tanker trans-
5. The Regulatory Environment portation is also ing an epicenter of global
attention for reasons ranging from environmental
6. Recent Developments and Outlook for the Future
sensitivity to geopolitical apprehension, as evidenced
through the actions and reactions resulting from a
November 2002 catastrophe involving a laden tanker
Glossary off the Brittany coast of Spain as well as the
charterer An individual or entity, such as an pany, involvement of Venezuelan oil tankers in that South
that contracts the services of a ship under different American nation’s ongoing economic paralysis at the
chartering arrangements. time of this writing. Although not widely recognized
charterparty The chartering agreement or contract be- outside the industry, tanker transportation has al-
tween a ship owner and the charterer. ways had inextricable links with oil trading and its
deadweight (DWT) A rough measure of the cargo-carrying geopolitics from its very formative years.
capacity of an oil tanker.
Panamax The largest size ship that can safely transit the
Panama Canal given the limitations of the Panama
Canal locks. 1. BRIEF HISTORY OF OIL
spot charter A ship contracted for a specific voyage by a TRADING AND TANKER
charterer. TRANSPORTATION
Suezmax A fully loaded tanker that can transit the Suez
Canal.
supertankers Large and ultra large tankers. The Early Years
time charter The leasing of a ship for a given period of Oil tradi