
The demand side of the market: the parties that HIRE tonnage, distinct from the owner and technical manager on the supply side. The most-active charterers by reported fixtures, with their voyage / time-charter split, segment focus and chartered tonnage. A known-fixtures read, explicitly partial, never a market-share claim.
The busiest charterers by fixture count are not the biggest by recorded tonnage: BP leads on 45 reported fixtures yet sits 10th by catalogued chartered tonnage, while Vale tops tonnage at 1.6M dwt on 18 fixtures. Voyage (spot) fixtures lead, 84% of catalogued fixtures, and only 21 of the 100 charterers on the board take more ships on time charter than on spot.
Demand-side concentration: who is taking the most tonnage out of the market.
Charterers catalogued
316
Attributable fixtures
952
Chartered tonnage
36.6M dwt
With a route
209
Average fixture size is what the fixture-count ranking hides. Placing each charterer by fixtures against the parcel size behind them separates the high-frequency spot books from the few names moving the heaviest parcels on a handful of fixtures, the divergence the tonnage bar collapses into a single ranking.
Each charterer placed by how many fixtures it books (horizontal) against its recorded average parcel size (vertical); bubble size is total recorded tonnage. The busiest names sit bottom-right on many small parcels; the heaviest parcels sit top-left on a handful of fixtures, the shape the tonnage bar above flattens into one ranking.
The 28 voyage-led and 21 time-charter-led charterers with a recorded average parcel: the 30 busiest by fixtures plus 19 time-charter-led names below the cut, of 85 with a priced fixture (316 catalogued in all). Bubble area is recorded chartered tonnage.
Showing 100 charterers, sorted by reported fixtures. Voyage / TC is the spot vs time-charter split; Chartered DWT sums fixture deadweight where known, and Avg fixture is its mean over those priced fixtures.
| # | Charterer | Fixtures | Chartered DWT | Avg fixture |
|---|---|---|---|---|
| 1 | BP | 45 | 662K | 55K |
| 2 | Vitol | 42 | 316K | 53K |
| 3 | Shell | 24 | 482K | 96K |
| 4 | Admic | 24 | 420K | 70K |
| 5 | Unipec | 22 | 1.5M | 209K |
| 6 | Ampol | 20 | 105K | 35K |
| 7 | Vale | 18 | 1.6M | 182K |
| 8 | Csssa | 17 | 200K | 50K |
| 9 | Equinor | 17 | 160K | 80K |
| 10 | ST Shipping | 16 | 519K | 104K |
| 11 | Trafigura | 15 | 279K | 139K |
| 12 | Oldendorff | 14 | 1.2M | 89K |
| 13 | CSSA | 14 | 65K | 33K |
| 14 | Rio Tinto | 13 | 521K | 174K |
| 15 | Aramco | 13 | 275K | 55K |
| 16 | Exxon | 12 | 1.0M | 146K |
| 17 | Cnooc | 12 | 270K | 270K |
| 18 | Eni | 12 | 160K | 80K |
| 19 | Classic | 11 | 1.2M | 155K |
| 20 | BHP | 11 | 489K | 163K |
| 21 | Mercuria | 11 | 474K | 158K |
| 22 | Totalenergies | 11 | 140K | 70K |
| 23 | Cargill | 10 | 829K | 118K |
| 24 | Norden | 10 | 815K | 91K |
| 25 | Chevron | 10 | 320K | 80K |
| 26 | Heritage | 9 | 400K | 80K |
| 27 | KPC | 9 | 180K | 90K |
| 28 | Exxonmobil | 9 | 70K | 35K |
| 29 | KMG | 8 | 135K | 135K |
| 30 | OMC | 8 | 0 | · |
| 31 | Repsol | 7 | 314K | 157K |
| 32 | YNCC | 7 | 75K | 75K |
| 33 | Petrobras | 7 | 73K | 73K |
| 34 | Equinor Energy | 7 | 0 | · |
| 35 | Sinochem | 7 | 0 | · |
| 36 | Swissmarine | 6 | 997K | 166K |
| 37 | ENI | 6 | 99K | 50K |
| 38 | OQ | 6 | 75K | 75K |
| 39 | Mainland Oil And Gas | 6 | 20K | 20K |
| 40 | Enquest | 6 | 0 | · |
| 41 | Harbour Energy | 6 | 0 | · |
| 42 | Panocean | 5 | 713K | 178K |
| 43 | Total | 5 | 130K | 130K |
| 44 | PKN Orlen | 5 | 0 | · |
| 45 | Shell UK | 5 | 0 | · |
| 46 | Solebay | 4 | 632K | 158K |
| 47 | Bunge | 4 | 331K | 83K |
| 48 | Cosco | 4 | 297K | 148K |
| 49 | Weco | 4 | 214K | 53K |
| 50 | MOL | 4 | 202K | 67K |
| 51 | TKSE | 4 | 176K | 176K |
| 52 | Oilmar | 4 | 160K | 80K |
| 53 | Matrix Energy | 4 | 75K | 19K |
| 54 | Reliance | 4 | 35K | 35K |
| 55 | 2015 Petroleum | 4 | 21K | 11K |
| 56 | Rain Oil | 4 | 0 | · |
| 57 | Costamare | 3 | 434K | 145K |
| 58 | CSN | 3 | 351K | 176K |
| 59 | NYK | 3 | 281K | 94K |
| 60 | Olam | 3 | 268K | 89K |
| 61 | Formosa | 3 | 265K | 265K |
| 62 | Hartree | 3 | 260K | 130K |
| 63 | Tongli | 3 | 254K | 85K |
| 64 | Cefetra | 3 | 212K | 71K |
| 65 | Pacific Basin | 3 | 204K | 68K |
| 66 | Wooyang | 3 | 204K | 68K |
| 67 | Western Bulk Carriers | 3 | 187K | 62K |
| 68 | Louis Dreyfus | 3 | 165K | 82K |
| 69 | Clearlake | 3 | 80K | 80K |
| 70 | Cofco | 3 | 80K | 40K |
| 71 | Gunvor | 3 | 64K | 32K |
| 72 | Maersk | 3 | 50K | 50K |
| 73 | Conocophillips | 3 | 0 | · |
| 74 | Hyde Energy | 3 | 0 | · |
| 75 | Ithaca Energy | 3 | 0 | · |
| 76 | Nikorma | 3 | 0 | · |
| 77 | Northwest Petroleum | 3 | 0 | · |
| 78 | Ross Offshore | 3 | 0 | · |
| 79 | Wintershall R/M TO Norway | 3 | 0 | · |
| 80 | IOC | 2 | 520K | 260K |
| 81 | KOCH | 2 | 371K | 186K |
| 82 | Anglo | 2 | 363K | 181K |
| 83 | Richland | 2 | 351K | 176K |
| 84 | Repsol Trading | 2 | 316K | 158K |
| 85 | S-oil | 2 | 274K | 274K |
| 86 | Bahri | 2 | 270K | 270K |
| 87 | Mining Major | 2 | 210K | 210K |
| 88 | Glencore | 2 | 208K | 208K |
| 89 | Cobelfret | 2 | 178K | 89K |
| 90 | Refined Success | 2 | 178K | 178K |
| 91 | Jera | 2 | 178K | 89K |
| 92 | Paralos Shipping | 2 | 164K | 82K |
| 93 | Acubens | 2 | 163K | 81K |
| 94 | FMG | 2 | 160K | 160K |
| 95 | Petroineos | 2 | 160K | 80K |
| 96 | Phaethon | 2 | 155K | 78K |
| 97 | Seariver | 2 | 150K | 75K |
| 98 | Chinaland | 2 | 127K | 64K |
| 99 | Minmetals | 2 | 125K | 63K |
| 100 | Bunge SA, Geneva | 2 | 121K | 60K |
What each charterer is moving, by reported cargo where present, else by vessel type as a proxy.