Bloomberg: China Rivals Global Leaders for Oil Shipments
“China expanded its share of global crude oil shipments in 2011, with government-owned trader China International United Petroleum &…
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…
