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Questions and Answers
What is the flow demand in the context of tanker industry?
What is the flow demand in the context of tanker industry?
- The need to move oil for the purpose of adding value to the commodity
- The demand for oil measured in ton-miles per time period
- The demand for transportation services in the tanker industry
- The product of cargo volume and distance travelled per time period (correct)
What can reduce ton mile demand even if oil volume demand is unchanged?
What can reduce ton mile demand even if oil volume demand is unchanged?
- Shift to short haul trades
- Increase in the average haul of crude movements
- Changes in the route structure (correct)
- Expansion of Suez Canal capacity
What are the main reasons for discrepancies between ton-mile and ton demand in tanker industry?
What are the main reasons for discrepancies between ton-mile and ton demand in tanker industry?
- Stable oil trade routes and increase in average haul of crude movements
- The rise of larger tankers and wide variation in cargo volume
- The dominance of short haul trades and expansion of Suez Canal capacity
- The closure of strategic routes and changing structure of oil demand pattern (correct)
What is the average haul of crude movements around 1990-2000?
What is the average haul of crude movements around 1990-2000?
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What type of tankers are dominant on long haul crude oil movements?
What type of tankers are dominant on long haul crude oil movements?
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In the context of the tanker industry, what is the primary purpose of moving oil?
In the context of the tanker industry, what is the primary purpose of moving oil?
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How is the demand for transporting oil related to the production process?
How is the demand for transporting oil related to the production process?
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What type of demand drives the need to move oil in the tanker industry?
What type of demand drives the need to move oil in the tanker industry?
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