Tag: Storage
Navigating The Seas Of Sustainability – Biofuel Blends in Marine Engines
As the shipping industry strives to improve its environmental sustainability and minimise its greenhouse gas emissions, the utilisation of biofuel blends in marine engines...
Ignorance Of Stowage Responsibility
The Eems Solar is a leading legal authority concerning the allocation of responsibility for stowage of cargo as between owners and charterers when such...
Strong Crude Structure Enables Release of Crude from Floating Storage
There has been a strengthening in the Middle East's Dubai crude market structure.
Several million barrels of the Middle East sour crude from...
Huge Oil Tanker Flotilla Sighted in UK’s Welsh Coast!
According to a Wales Online report, huge vessels moored off the Welsh coast have caught the eye in recent days.
Flotilla of Oil Tankers
A...
Shut Down or Find Space – Oil Majors Scramble for Storage...
According to a Reuters report, oil traders are struggling to find enough ships, railcars, caverns, and pipelines to store fuel as more conventional storage...
Thirst for Oil Vanishes, Leaving Industry in Chaos!
2020 has unleashed a world-wide oil-production cut led by the U.S., Saudi Arabia, and Russia.
Due to lockdown crude-oil demand has collapsed as...
Oil Facility Attack ! Crude Price Surge
Oil prices surged on Monday, with Brent crude jumping 19% to $71.95 a barrel, after attacks on Saudi Arabian oil facilities on Saturday, reports...
Euronav Buys More IMO-Compliant Bunker Fuel for Storage
Euronav, one of the largest tanker companies in the world, will deploy one of its two ultra large crude carriers (ULCC) to store cleaner...
European Ports Expand LSFO Storage in Preparation for IMO 2020
According to a Platts report, european ports have been expanding their low sulfur fuel oil storage capacity ahead of IMO 2020 -- a lower...
China Procures Crude Oil To Stock, But Difficulties Loom
Chinese refineries processed 12.6 million barrels per day (bpd) of crude in the first quarter, up 4.4 % from the three months to...