Liquid Bulk News


China's Imports of Russian Oil Near Record High

Apr 22, 2024

Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10…

Corpus Christi Crude Oil Exports Up 6.9% in Q1

Apr 19, 2024

The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in the first quarter, up 6.9% from the same period a year ago.The U.S. Gulf Coast port handles more than half the nation's oil exports…

Russia's Seaborne Oil Product Exports Fell in March

Apr 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.Russia's…

Gazprom Uses Replacement Vessel to Maintain Gas Loadings

Apr 01, 2024

Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

Odfjell Completes Terminal Expansion in Houston

Mar 04, 2024

Odfjell Terminals US (OTUS) reports it has completed the construction and commissioning of its Bay 13 at the Houston Terminal (OTH), adding nine new tanks, with a combined capacity of 204,000 barrels. The new tanks are a combination of stainless steel and carbon steel…

US Gulf Coast Fuel Oil Imports Hit Five-year Low

Mar 01, 2024

Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.Fuel oil deliveries to the Gulf Coast dwindled in February to just 318…

Venezuela Oil Exports Rising, but Shipping Delays Persist

Mar 01, 2024

Venezuela's oil exports slightly increased in February to some 670,000 barrels per day (bpd), but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.State-run oil firm…

Tanker Backlog Grows in Venezuela as PDVSA Struggles to Deliver Oil

Feb 28, 2024

A bottleneck of vessels waiting to load crude and fuel in Venezuela has increased in recent weeks as state-run oil firm PDVSA struggles to deliver cargoes on time, according to people familiar with the matter, documents and shipping data.PDVSA has sought to ramp up shipments this month…

Cammell Laird to Build Dolphins for Stanlow Terminals

Feb 19, 2024

Cammell Laird has secured a £2 million contract to build two mooring dolphins on the River Mersey for Stanlow Terminals.Stanlow Terminals is a division of Stanlow Oil Refinery operator EET Fuels. A mooring dolphin is a standalone structure that…

Asia LNG Imports Are Robust, But Record Supply Keeps Spot Prices Muted

Feb 05, 2024

The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major exporters and signs that winter demand is easing in the top-importing regions of Asia and Europe.The spot price for LNG delivered to north Asia ended at $9…

Russian Oil Facilities Hit by Drone Attacks, Fires

Jan 29, 2024

Russia energy infrastructure has been hit by drone attacks and fires in the past month, adding to uncertainty in global oil and gas markets already rocked by the conflict in the Middle East.Russia and Ukraine have targeted each other's energy…

Russia Eases Harsh Weather Restrictions to Boost Oil Exports

Jan 29, 2024

Russian ports are operating during more severe storms and easing restrictions for non ice-class vessels during winter, traders said and regulations showed, in an attempt to boost exports following disruptions from Western sanctions and harsh weather…

Freeport LNG Unit Faces Month-long Outage

Jan 26, 2024

U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week's Arctic freeze.This…

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