Unipec Tops Annual Dirty Spot Charterer Rankings for 2025
The latest annual dirty spot charterer rankings, released by broker Poten & Partners, reveal that China’s Unipec has maintained its position as the leading spot charterer for 2025. Unipec accounted for an impressive 15.4% of the reported fixtures, solidifying its dominance in the market. The rankings also highlight significant shifts among other major players in the industry, with ExxonMobil making notable gains.
ExxonMobil has climbed to second place, moving up from fourth in the previous year’s rankings. This advancement comes at the expense of Chevron and Shell, which have dropped to third and fourth places, respectively. Petrobras has also made a remarkable leap, rising from ninth to fourth, driven by increasing production and exports from Brazil. The performance of these companies reflects the dynamic nature of the oil trading market and the impact of regional production changes.
In addition to these shifts, large oil traders have shown resilience, with Trafigura making a significant jump from 22nd place in 2024 to 11th in the current rankings. This rise indicates a growing influence of independent traders in the dirty spot chartering sector, as they adapt to market demands and capitalize on emerging opportunities.
Segment-Specific Changes in Charterer Rankings
While Unipec continues to dominate the Very Large Crude Carrier (VLCC) sector, the Suezmax segment has seen a change in leadership. Total has taken the top spot in this category, surpassing ExxonMobil, which has dropped two places to fourth. Chevron has also improved its position, moving up to second place in the Suezmax rankings, reflecting a competitive landscape among major oil companies.
The Aframax segment has experienced the most dramatic changes this year. Vitol has reclaimed the top position after a significant drop to tenth place in the previous year’s rankings. This resurgence underscores Vitol’s strategic adjustments and ability to navigate market fluctuations effectively. Conversely, Chevron, which held the number one spot last year, has fallen to fifth place, indicating the competitive pressures within this segment.
These shifts in rankings highlight the evolving dynamics of the dirty spot chartering market, where companies must continuously adapt to changing production levels, trade flows, and market demands. The annual rankings serve as a barometer for industry performance and provide insights into the competitive landscape among leading charterers. As the market continues to evolve, stakeholders will be keenly observing these trends to inform their strategies moving forward.