16 January 2019
US shipbroker Poten & Partners has published its annual report on the oil companies and traders that have spot chartered the most tonnage in 2018.
The ranking shows very little change from 2017 with Unipec increasing its overall share to 14.7% of reported cargoes at over 200M tonnes, far in excess of second-placed Shell (see table above).
Specifically, Poten & Partners noted that Unipec, the trading arm of Sinopec, was responsible for over 30% of the spot VLCC charters in 2018; more than the next highest seven companies combined.
To read the full article, click here.