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Modeling the Effects of the Single-Hull Tanker Phase-out on the World Oil Tanker Market

机译:模拟单壳油轮淘汰对世界油轮市场的影响

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摘要

The dynamics of the global oil tanker market has long been studied by practitioners of System Dynamics. This paper does not seek to repeat what has been done, but rather to focus on an aspect which has recently taken on greater importance: the phase-out of single-hull tankers by 2010, and double-bottomed or double-sided (but not true double-hulled) tankers by 2015. In particular, questions of interest are: might the single-hull ban lead to extremely tight supply through 2010; and is it likely that the industry will overshoot the number of newbuilds necessary, leading to a crash in spot rates after 2010? Preliminary results indicate that the answer is yes to both questions.
机译:全球油轮市场的动力学已经由系统动力学的从业者进行了长期研究。本文不是要重复做过的事情,而是要着眼于最近变得更加重要的一个方面:到2010年逐步淘汰单壳油轮,而双底或双底油轮(但不是到2015年实现真正的双壳油轮。特别是,令人关注的问题是:单壳禁令是否可能导致到2010年的供应极为紧张;整个行业是否有可能超过必要的新船数量,从而导致2010年以后的现货价格暴跌?初步结果表明,两个问题的答案都是肯定的。

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