Ice Class Tanker Sector Report 2006
Although investment in ice class newbuildings slowed in 2006, shipping investors have still invested $8 billion in an orderbook that totals 203 vessels of 12.3m dwt. This is a staggering investment, driven by a booming tanker market and a rapidly expanding Russian oil industry. Demand for ice class tonnage will depend on the continued growth of Russian output and the export channels and associated shipping logistics that policy makers decide to develop. In this report we present the latest forecasts for output from the Baltic, Sakhalin and the exciting developments in the Russian Arctic. We also update all of the fleet, orderbook and sale and purchase statistics. This is an essential reference tool for anyone already involved in the ice class market or contemplating entry to this fast growing sector. The key areas we cover are:
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