Tanker Freight Rates and Tankship Builiding: An Analysis of Cyclical Fluctuations

amount of transportation analysis average distance basic countries big oil big oil companies building orders cent computation connection considerable considered construction corresponding cost of operation deadweight tonnage deliveries demand curve demand factors demand side depression effective rate elasticity of demand elasticity of supply estimates fuel oil gasoline given groups of owners import requirements increase independent owners influence laid-up tonnage laying-up rate Lloyd's Register margin mineral oils motorships movements Netherlands Netherlands West Indies Norwegian oil exports oil markets oligopoly percentage Petroleum ports price formation profit pure competition quantity rate of freight real rates respect shift shillings shipbuilding shipments ships slope statistical Suez Canal suppliers supply curve supply factors supply side Table tanker freight market tanker freight rates tanker owners Tanker Pool tanker rates tanker tonnage tankships tion tons trade transportation capacity transportation per unit transportation requirements vessels voyage charter rates vrachten whaling world tanker fleet