2025-2029 Tanker Market Outlook

* To be Published in January 2025 *

McQuilling Services' 2025-2029 Tanker Market Outlook represents our 28th forecasting cycle since we began forecasting tanker freight rates. 

Our approach to forecasting is based on the development of models that combine analytical processes with practical market assessments.  Over time, this approach has been found to be reasonably predictive of future spot market freight levels in the various tanker sectors. 

With each publication of our annual outlook, we continue to incorporate enhancements to our forecasts.  This year is no exception, making significant enhancements to our research activities, quantitative methodology and visual presentation in the 2025-2029 Tanker Market Outlook. 

 

KEY CONTENT

Global Outlook Themes

Oil Supply and Demand Outlook

Tanker Tonnage Demand and Supply

Tanker Market Technicals

2024 Market Performance

Bunker Price Development

Freight Market Outlook

Asset Market Outlook

Analytical Appendix

Over 200 Figures/Tables