Bulk oil shipments are taken by the large tankers of the world’s oil freight carriers to destinations around the world in some of the largest vessels ever to float on the oceans blue. Bulk tankers of this type are used to transport bulk liquids of many different kinds to market, including hazardous and potentially lethal bulk liquids that are used to power the world’s industries.
China has been making moves designed to make the country as self-sufficient in the future as possible. Part of this plan is a desire to control the domestic and international flow of bulk oil into the China. China has recently made a few choices that have a few freight carrier industry analysts thinking that China is moving toward purchasing the new tanker capacity it needs to make sure at least 40 percent of the bulk oil imported into China is transported on tankers owned or controlled by Chinese shipping interests.
Towards this end many in the worldwide freight carrier shipping industry think that there are Chinese shipping companies currently planning to increase the size of what’s already one of the world’s largest bulk tanker fleets by as much as five times its present size in order to handle this job. This means Chinese shipping interests that are planning on bowing to government pressure in this goal are going to have to order a bushel full of new tankers. At present the new orders haven’t been seen on the books of the world’s shipyards, but if China is going to move toward the goal of transporting a large percentage of the imported oil it uses to power its industries, it will have to get started on this job soon.
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