Predictable Parade: A Guide to Tracking the Event
In the realm of reported dirty spot charterers for 2024, we’ve seen some changes compared to the previous year. While Unipec maintained its top position, there was a slight decrease in reported cargo volumes and market share for the second consecutive year. This dip reflects a softer economy and a slowdown in Chinese oil demand growth. An interesting shift was the emergence of Polish charterer PKN Orlen in the top 20 list, securing the 16th spot for the first time. This move indicates PKN Orlen’s focus on diversifying its crude oil sources beyond pipelined Russian barrels to include seaborne crude from regions like the Middle East and the North Sea.
On a global scale, both cargo volumes (up by 0.8%) and the number of fixtures (increased by 2.3%) showed growth in 2024 compared to 2023. This positive trend suggests a healthy activity level in the industry. For more insights into this topic, feel free to fill in the form below to continue reading the details.
As we look ahead, there is heightened uncertainty in the Middle East that could impact the global market landscape. Stay tuned for more updates on this evolving situation.
