Media Mentions

“Four tankers have been booked so far to load 330,000 metric tons of crude oil in Libya this week,…

“Oil tankers may plow through the smallest amount of Baltic Sea ice in almost three centuries this year, speeding…

“According to Poten & Partners, Brazil’s enormous offshore discoveries could bring the country’s output from 2.2M bpd today to…

“China expanded its share of global crude oil shipments in 2011, with government-owned trader China International United Petroleum &…

“China imported 6% more crude oil in 2011 than in 2010, according to preliminary Chinese Customs data. The rise…

“The world’s largest oil producing company and the world’s second-largest crude oil tanker charterer are expected to sign a…

“Poten & Partners predicted that Iran’s fuel oil exports would be affected only minimally, as the US had already…

“Then number of VLCC and Suezmax fixtures increased last year from 2010 totals, but the reverse was the case…

“European oil companies have lost market share in the dirty spot-tanker sector as Chevron and charterers from Asia and…

“Last year saw an increase in reported dirty tanker spot-market fixtures in the very large crude carrier and suezmax…

“Chinese charterers, unsurprisingly, dominated the VLCC spot market in 2011 with Unipec and Petrochina taking the top two spots….

“VLCCs and Suezmaxes rose slightly, while the Aframax and Panamax sectors dropped moderately. VLCC fixtures totalled 1,922 in 2011,…