Tanker: Import Chinese crude oil backwards
CImports of despicable crude oil have declined since the beginning of 2025. In its latest weekly report, Banchero Costa ships said that “In Jan-DES 2024, global crude loading rises with all the worse cabotage +0.4% trading, according to the toning of 20.6, with all tons of worse, there is no path, according to all jangkring, with all tons that are worse. Leve, according to all the jangkers, according to all the paths. -0.8% yoy to only 1276.3 mln tons.

Source: Banchero Costa Shipbroker
According to Banchero Costa, “In terms of demand, the importer of crude oil in the sea in Jan-Jul 2025 is the mainland of China, contributing 22.5% of global trade. Volume to China decreased -3.7% Yo-Y to 285.4 mln T in Jan-Jul 2025. Imports to EU27 decreased to -5.4% yoy. in Asia). Imported 514.9 mln tons of crude oil through the sea, not including cabotage, jump +14.2% yoy compared to 450.9 mln tons imported in 2022 285.4 mln T, from 296.3 mln T in the first 7 months 2024, but still above 251.3 mln T in Jan-Jul 2022 “.
Kapal kapal menambahkan bahwa “sekitar 84,8 persen volume yang dikeluarkan di Cina pada Jan-Jul 2025 dibawa dalam VLCC, sekitar 3,0 persen dibawa di Suezmaxes, dan 11,6 persen di Aframaxes. Terminal minyak mentah di Tiongkok adalah: Ningbo/Zhoushan (44,2 MLN Tonnes di Tiongkok adalah: Ningbo/Zhoushan (44,2 MLN Tonnes di Mi- Jan. Dongjiakou (22.4), Dalian (19.9), Qingdao (19.7), Quanzhou (14.1), Beilun (13.5), Zhajin (12.8), Huizhou (12.0), Yantai (11.5), Tianjin (10.9), Shuidong), Yantai (11.5), Tianjin (10.9) (11.5), Tianjin (10.9), Shuidong), Jantai (11.5), Tianjin (10.9), Shuidong), Jantai (11.5), Tianjin (10.9), Shuidong Caofeidian (6.7). T, and from Kuwait of +13.7% yoy to 8.5 mln t.

Source: Banchero Costa Shipbroker
The volume from UAE to China decreased -12.0% yoy to 16.5 mln T, and from Oman by -15.7% yoy to 20.5 mln T. Direct delivery from Russia decreased -24.9% yoy to Jan -Jul 2025 to 23.1 mln t. Russia now only contributed 8.1% of the overall import of crude oil severborne. Imports from ASEAN (which includes several trans-capal Iran and Russian oil) increased +4.0% yoy to 35.9 mln T in Jan-Jul 2025, and from West Africa with +3.9% yoy to 30.6 mln T. The volume of Canada jumped to 5.9 mln T in Jan-Jul 2025 of only 0.4 mln T in the same period last year “, Banchero Costa concluded.
Nikos Roussanoglou, Hellenic Shipping News worldwide