The Worldwide Tanker Shipping Market (2010 – 2020) Information Model

Abstract

The aim of this paper is to provide the information model for the worldwide tanker shipping market 2010 – 2020. The evaluation and analysis of the relevant variables of the model and the resulting growth rates are used to describe the most important theoretical principles of the worldwide tanker shipping market over the observed period of time. The research produced direct growth rates of the variables on the index scale from 1 to 100: 1. Innovations in maritime shipping (37.5), 2. Global economy (25.0), 3. Shipbuilding (14.3). 4. Globalisation (12.5) and 5. Freight rates (12.5). It can be concluded that the direct growth rates of all model variables of the worldwide tanker shipping market 2010 – 2020 have realistic chances to be implemented. By 2020 it is expected that the demand on the tanker shipping market will increase more intensely than the demand in other trades.