Topic:
Prepare a market analysis report for either the “Tanker General” Market sector of the shipping market, or for anyone of its sub-sectors.
You are the head of a research department for a large brokerage house. The clients of the brokerage house you work for, are ship-owners of the “Tanker General” market sub-sector of the shipping market and rely heavily on the semi-annual reports you prepare in order to make business decisions regarding the chartering policy of their vessels.
It is time to prepare the report for the next 6 months which will be distributed to the clientele.
Instructions:
Prepare a report analyzing
1. Current market structure (Is it perfect competition, monopolistic competition, oligopoly, or monopoly?).
2. Current as well as future (next 6 month) demand.
3. Current as well as future (next 6 month) supply.
4. Critical analysis of current as well as future (next 6 month) demand and supply equilibrium, and
5. Expected freight outcome for the next 6 month period with valid justification based on used data of demand and supply.
It would be strongly advisable to retrieve information on supply and demand in tonnes, or tonne-miles, and then by analyzing each of the parameters affecting supply and demand to estimate percentile change. The difference of percentile change in supply and demand will provide a valid estimation for the change in freight rates and market condition.