
Commodities trader Vitol has agreed to charter two supertankers to deliver crude oil to Nigeria’s giant Dangote refinery from the U.S. in May, according to a shipping source and fixtures data this week.
Vitol is looking to charter Marshall Islands-flagged very large crude carrier Water Tiger for about $3.95 million to ship oil from the U.S. Gulf Coast to Nigeria between May 13 and May 16, a shipping source said.
It also is considering a charter of Liberia-flagged Hafeet to Nigeria from the U.S. Gulf Coast between May 15 and May 20, according to the source and fixtures contracts seen by Reuters.
Vitol has agreed to charter the vessels, but contracts are yet to be signed, the source said.
Vitol did not immediately respond to a request for comment
The agreements come as Chinese state energy major PetroChina 601857.SS has a cargo of U.S. crude that has been waiting to unload at Nigeria’s new refinery for nearly a month due to payment issues, according to four trading sources and shipping data.
Potential sellers of U.S. WTI crude to Dangote have been confronted with payment terms involving a 60 to 90 day credit or an exchange of refined products for the crude oil, three of the sources said. Credit terms for oil deals are typically 30 days.
Source: Reuters (Reporting by Arathy Somasekhar in Houston; Editing by Josie Kao)
Related News.
November 10, 2026
RINA’s Hellenic Technical Committee puts energy-efficient newbuilding design and AI in focus
Project Mermaid, battery integration and practical AI applications highlight opportunities for more efficient ship design and fleet operations…
November 10, 2026
From mine to market – NORDEN connects Comilog’s manganese ore with global markets
NORDEN’s dedicated transhipment operation in Gabon, run under a long term contract with long-standing customer Comilog, has loaded more than 54…
November 10, 2026
Oldendorff reflags two capesize vessels to Germany
Oldendorff Carriers is reflagging two of its Capesize bulk carriers to Germany, underlining the company’s long standing ties to the country and its…
November 10, 2026
AskChief surpasses 100-vessel milestone in under a year and opens its specialised maritime AI to the wider market
Putting each company’s own knowledge to work for maritime Technical and HSQE teams. AskChief, Specialised AI for maritime Technical and HSQE…
November 10, 2026
Dalian Maritime University’s Yu Jiajia receive 2027 IMO Gender Equality Award
From the bridge to the classroom, Ms Yu has helped build a more inclusive maritime sector in China, serving as a role model for the global maritime…
November 10, 2026
“K” LINE releases video update on forecasts for FY2026 and progress of the medium-term management plan
Kawasaki Kisen Kaisha, has released a video on its official website explaining its forecasts for FY2026 and progress of its Medium-Term Management…
November 10, 2026
MOL and MOL CAREER sign 3-way deal with Nagasaki Prefecture to promote recruitment and retention of foreign workers
Mitsui O.S.K. Lines, and MOL CAREER, have entered into a tripartite partnership agreement with Nagasaki Prefecture to promote the revitalization of…
November 10, 2026
Hapag-Lloyd completes acquisition of 25% stake in APM Terminals Maasvlakte II
Transaction successfully completed following antitrust approval Investment strengthens Hapag-Lloyd’s terminal portfolio and position in Rotterdam…
November 10, 2026
11th chainPORT annual meeting at Tanger Med Focuses on scaling AI in ports
Representatives from leading ports around the world gathered in Tangier, Morocco, on 29 and 30 October for the 11th chainPORT Annual Meeting, hosted…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved





















…

