Strong crude exports from North Sea, GOM
APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there
crude
Tanker demand for crude and residuals to rise
AUGUST 8, 2015—Tanker demand for crude and residual fuel products is expected to increase by 2.5% in 2015 from year ago levels as a reduction in oil prices and improving refining economics
AMP Chairman responds to Jones Act critic
OCTOBER 8, 2014—When it comes to U.S. domestic shipping policy, the Jones Act inevitably is one of the first things to come up in the discussion. With U.S. crude oil production booming—it
Crude offloading suspended at LOOP
AUGUST 18, 2014—Crude offloading operations have been temporarily suspended at the Louisiana Offshore Oil Port’s Offshore Marine Terminal while an inspection and repairs are performed on the LOOP pipeline. Estimates are that
Keeping Canadian oil sands moving
MARCH 27, 2014—Alberta, Canada has some of the world’s largest proven reserves of oil—about 170 billion barrels. Almost all of those reserves are locked away in oil sands (more commonly referred as