The surplus of tonnage which has characterized the shipping industry for over a decade has severely affected profitability and investment opportunities in the industry. This has prompted various schemes to reduce the surplus. A proper assessment of the size of the surplus is an essential requirement for sound policy measures. This paper, which focuses on the tanker sector, examines selected methods used to compute surplus tanker tonnage and proposes other methods. It observes that methods currently used give estimates of surplus tonnage which are basically identical to those obtained by using alternative methods. It concludes that while from 1984 the surplus tanker tonnage has been declining, from 1986 the decline has been rather small and the volume of the surplus is likely to stabilize in the next few years at more or less current levels. However, the paper points out conceptual and practical problems of determining the appropriate base periods or base operating conditions upon which surplus tonnage may be computed.


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    Title :

    Estimation of capacity utilization in world shipping†


    Contributors:

    Published in:

    Publication date :

    1990-03-01


    Size :

    27 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown




    Shipping world

    TIBKAT | 144.1961 - 145.1961


    Shipping world & shipbuilder

    TIBKAT | 146.1962 - 209.2008/09,[5] = Nr. 3282-4244; 209.2008/09,[6/7] = Nr. 4244; 209.2008/09,[8-10] = Nr. 4245-4247; 209.2008/09,[11/12] - 210.2009/10 = Nr. 4247-4257; 210.2010/11=Nr. 4258-4267; 211.2011/12 - 214.2014 = Nr. 4268-4303


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    Sanderson, A.E. | Engineering Index Backfile | 1931