Floating Storage News

 

Floating Oil Storage Stacks up in the Singapore Strait

Jul 27, 2022

The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise in floating storage supply along the strategic waterway is an indicator that more supplies are available to Asia, which will help ease tight markets. But, at the same time…

Logistics News

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

Subscribe for Maritime Logistics Professional E‑News

FedEx reports higher quarterly results and raises the low end of its full-year profit estimate
US House passes bill speeding up energy infrastructure approvals despite environmental concerns
One killed and power damaged by Russian shelling near Odesa