Monday, March 9, 2020
Oil Tanker Bridge
Maritime News

Wanted: Tankers to Store Oil as Price War Augurs Glut

By Serene Cheong, Sharon Cho, Alex Longley and Sheela Tobben (Bloomberg) — Oil’s plunge has revived memories of the 2008-09 recession, when traders snapped up dozens of tankers to park unwanted...

March 9, 2020
Total Views: 25

Friday, May 26, 2017

Big Drop in U.S. Oil Stocks Finally on the Way, Traders Say

By Catherine Ngai and Devika Krishna Kumar NEW YORK, May 25 (Reuters) – Oil traders and analysts are expecting large volumes of crude to draw from storage tanks across the...

May 26, 2017
Total Views: 2

Wednesday, March 22, 2017
Maritime News

Shell Gets Access to Key Oil Hub in Panama -Sources

By Elida Moreno and Marianna Parraga PANAMA CITY/SAN ANTONIO, March 22 (Reuters) – Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been...

March 22, 2017
Total Views: 34

Monday, October 31, 2016

‘Major’ Oil Storage Terminal Coming to Adriatic

By Libby George LONDON, Oct 31 (Reuters) – Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil product demand in the Adriatic in...

October 31, 2016
Total Views: 14