Unipec retains tanker chartering stranglehold

China’s Unipec retains a firm grip in terms of global dirty spot chartering, according to annual figures compiled by New York tanker broker Poten & Partners. Poten’s annual top 20 chartering chart for 2021 looks very familiar to the 2020 version with similar overall cargo volumes and just one newcomer to the list, Hyundai from South Korea.

In terms of VLCC fixtures, Unipec dominates. With almost 700 reported fixtures, compared to 97 for second placed IOC and 70 for Shell in third spot, Unipec remains in a league of its own.

The suezmax sector showed significant movement in the relative rankings. Petrobras jumped from seventh in 2020 to first. Petrobras was not even in the top 10 in 2019.

Regarding aframaxes, Vitol remained number one spot, while Glencore dropped out of the top 10, making room for Aramco.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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