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

Russia Adds Four LNG Carriers to Fleet

Russia Adds Four LNG Carriers to Fleet

Two New Post-Panamax Cranes Arrive at Port Tampa Bay

Two New Post-Panamax Cranes Arrive at Port Tampa Bay

U.S. Appeals Court Backs FMC in Evergreen Dispute

U.S. Appeals Court Backs FMC in Evergreen Dispute

Strait of Hormuz Closure Curbs Dry Bulk Demand

Strait of Hormuz Closure Curbs Dry Bulk Demand

Subscribe for Maritime Logistics Professional E‑News

El Nino will continue to test global energy markets: Maguire
Walmart invests $350 Million in a third U.S. dairy processing facility
Sources say that despite the attacks, Russian oil exports were steady in April, but may increase in May.