China seeks oil security with new tanker fleet

To guarantee its oil supply during times of crisis, China is building a national tanker fleet with which it aims to haul nearly three fourths of its oil imports within the next 15 years.1 China’s tanker-building program appears to be driven by a complex mix of commercial and national security factors as it seeks control over its entire oil supply chain.The impact of this fleet-building program on world tanker rates and shipbuilding costs merits the attention of tanker operators worldwide. Paradoxically, however, the buildup of a state-controlled, Chinese-flagged tanker fleet may actually increase that country’s vulnerability to energy supply interdiction.US, Chinese oil demand...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected