Tuesday, March 2, 2021
Louisiana Offshore Oil Port
Ports

Louisiana Offshore Oil Port Loadings Crash to Zero From Record

By Sheela Tobben (Bloomberg) — Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities. The...

March 2, 2021
Total Views: 4490

Monday, June 3, 2019
vlcc tanker
Maritime News

Record Number of Supertankers Loading at Louisiana Offshore Oil Port

By Collin Eaton HOUSTON, June 3 (Reuters) – Medium-sour crudes from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a record six supertankers...

June 3, 2019
Total Views: 10

Thursday, April 12, 2018
Maritime News

Saudi Supertanker Fully Laden with American Oil Arrives Off China

A Saudi supertanker carrying the first export cargo from the United States’ only port capable of handling the world’s biggest oil tankers has arrived off China. According to the website...

April 12, 2018
Total Views: 10

Wednesday, March 28, 2018
Nave Photon supertanker
News

Louisiana Offshore Oil Port Loads Second Supertanker with U.S. Crude for Export

NEW YORK, March 28 (Reuters) – A second supertanker laden with U.S. crude set sail in March from the Louisiana Offshore Oil Port (LOOP), the largest privately owned crude terminal...

March 28, 2018
Total Views: 8

Monday, February 26, 2018
oil tanker
Maritime News

Supertankers Sailing from U.S. to Cut Time, Money and Traders

By Serene Cheong (Bloomberg) — Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to sidestep traders serving...

February 26, 2018
Total Views: 4

Wednesday, February 14, 2018
Maritime News

The LOOP’s About-Face on Oil Imports Cues U.S. Drive Into Global Market

By David Wethe and Sheela Tobben (Bloomberg) — The latest example of America’s turnaround from buyer to supplier in the global oil market can be seen 20 miles off the coast of...

February 14, 2018
Total Views: 2

Tuesday, February 13, 2018
loop louisiana offshore oil port
Interesting

Looking to Export, America’s Busiest Oil Terminal Tests Loading of First Supertanker

By Javier Blas and Dan Murtaugh (Bloomberg) — The flood of crude leaving the U.S. could be about to get a major boost: the nation’s top imports terminal is testing...

February 13, 2018
Total Views: 10

Friday, December 8, 2017
Louisiana Offshore Oil Port
Maritime News

America’s Next Crude Export Boom May Start at this Floating Buoy Offshore Louisiana

By Sheela Tobben (Bloomberg) — A 1,000-foot ship will likely pull up to a buoy floating in the Gulf of Mexico next year, hook up its hoses and usher the...

December 8, 2017
Total Views: 25

Wednesday, April 1, 2015
loop Louisiana Offshore Oil Port
Maritime News

Crude Oil Storage Sells for 10 Cents a Month at U.S. Oil-Import Hub

Oil cavern space at the Louisiana Offshore Oil Port sold for 10 cents a barrel a month at an auction on Tuesday, offering a glimpse into the value of storage as domestic crude supplies swell to a record.

April 1, 2015
Total Views: 0

Tuesday, November 4, 2014
loop Louisiana Offshore Oil Port
Maritime News

Oil Imports to Louisiana Offshore Oil Port Reveal New Truth

Things are slowing down at the U.S.’s largest oil-import hub.

November 4, 2014
Total Views: 5

Thursday, July 10, 2014
loop Louisiana Offshore Oil Port
News

Shale Seen Shifting Flows at America’s Biggest Oil Port

With U.S. domestic production at a 28-year high, the Louisiana Offshore Oil Port's managers are thinking the previously unthinkable: sending North American oil out.

July 10, 2014
Total Views: 0