This report provides a comprehensive analysis of the Panamax tanker market, focusing on demand and supply dynamics and forecasting future trends. The project utilizes data from Clarkson’s SIN database and employs regression analysis to predict market behavior over the next six months. The report begins with an introduction and literature review, establishing the context of the tanker market within the broader maritime industry, including discussions on different types of vessels and market structures. The methodology section details the use of secondary data and time-series analysis, specifically focusing on the Panamax tanker subsector. The report then presents data collection, presentation, and analysis, including visual representations of fleet development and demand trends. The demand analysis examines factors influencing tanker demand in weight terms, billion tonne-miles, and average haul. The report also delves into supply analysis and concludes with findings and recommendations, along with a conclusion and references.