Tradewinds: Vitol Top Line Rises
“Vitol has recorded a rise in crude and product shipments on the way to improved revenue in 2013….Vitol Group owns a fleet of four chemical tankers under the banner of Leopard Tankers, a joint venture with South African owner Grindrod. It also has a series of newbuildings booked under the Vitol banner at SPP….According to Poten & Partners annual survey, Vitol was the fourth largest tanker charterer in 2013, behind only Unipec, Shell and BP and ahead of ExxonMobil….It fixed 426 dirty tankers last year, 4.4% of the global total, the shipbroker said in a report in January.”