SINGAPORE, July 30 (Reuters) – An oil tanker has started loading a cargo of condensate, or ultra-light oil, the first such export from the United States since the easing of a 40-year-old ban on U.S. crude exports, two sources familiar with the matter said on Wednesday.
Westport Petroleum Inc, the Franklin, Tennessee-based shipping arm of Japanese trader Mitsui & Co, chartered the BW Zambesi, an LR1 tanker, also known as a Panamax class vessel, in mid-July for the voyage.
The tanker, owned by BW Group, docked at the Galveston terminal in Texas on Tuesday, AIS data on Reuters showed.
It will load just over 400,000 barrels of condensate and is expected to arrive in Asia in early September, one source said.
South Korean refiner GS Caltex has bought the cargo from Mitsui.
By Gian Volpicelli and Andrea Palasciano Feb 15, 2025 (Bloomberg) –The European Union is mulling a public-private initiative worth “hundreds of millions” of euros to buy ships that can promptly repair...
SYDNEY, Feb 15 (Reuters) – Western Australia’s ports of Dampier and Varanus Island reopened, the ports’ operator said, after Tropical Cyclone Zelia hit the state’s Pilbara iron ore region on Friday. Pilbara Ports said on...
A cargo vessel lost power and ran aground off Newfoundland’s coast today, prompting an emergency evacuation of all crew members. The MSC Baltic III issued a MAYDAY call on Saturday...
14 hours ago
Total Views: 2774
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
JOIN OUR CREW
Maritime and offshore news trusted by our 109,087 members delivered daily straight to your inbox.
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.