Demand for chemical tankers will increase at more than double the fleet’s pace of expansion next year, according to the median estimate of eight analysts surveyed by Bloomberg.
Demand, which the analysts say hinges on global economic growth, will expand 5 percent in 2012 and 5.7 percent in the following year, compared with respective growth rates of 2.3 percent and 2 percent for the fleet, the survey showed.
The following table shows the high, median and low estimates for chemical-tanker supply and demand in the next two years, based on eight analysts’ estimates.
Supply 2011 2012 2013 High 5.4 4.3 3.3 Median 4.7 2.3 2 Low 3.4 1 -2 Demand 2011 2012 2013 High 7 7 7 Median 5.4 5 5.7 Low 3.2 3.5 5.3
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