Lloyd’s List: China Seeks Stronger Oil Ties with Saudi Arabia
“The world’s largest oil producing company and the world’s second-largest crude oil tanker charterer are expected to sign a…
Lloyd’s List: China’s Oil Imports Ride to 6% in 2011
“China imported 6% more crude oil in 2011 than in 2010, according to preliminary Chinese Customs data. The rise…
Fairplay: Poten Plays Down Sanctions Against Iran
“Poten & Partners predicted that Iran’s fuel oil exports would be affected only minimally, as the US had already…
Fairplay: Suezmax Fixture Rose in 2011
“Then number of VLCC and Suezmax fixtures increased last year from 2010 totals, but the reverse was the case…
Lloyd’s List: European Oil Majors Lose Ground to Asia in Dirty Tanker Charters
“European oil companies have lost market share in the dirty spot-tanker sector as Chevron and charterers from Asia and…
Lloyd’s List: Large Crude Tankers see Fixture Volumes Rise
“Last year saw an increase in reported dirty tanker spot-market fixtures in the very large crude carrier and suezmax…
Tradewinds: China Dominates VL Market
“Chinese charterers, unsurprisingly, dominated the VLCC spot market in 2011 with Unipec and Petrochina taking the top two spots….
Fairplay: Static Year for Dirty Fixtures
“VLCCs and Suezmaxes rose slightly, while the Aframax and Panamax sectors dropped moderately. VLCC fixtures totalled 1,922 in 2011,…
Bloomberg: Shell Hired Most Tankers in 2011, Unipec Was Second, Poten Says
“Royal Dutch Shell Plc, Europe’s biggest oil company, was the world’s largest charterer of tankers to haul crude in…
Bunkerworld: Consultancy Considers Impact of Sanctions Against Iran
“Sanctions against Iran by the European Union (EU) would be unlikely to have a major impact on global fuel…