Trump Seeks Sanctions On European Subsea Gas Pipeline
By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and...
Three very large crude carriers and three Suezmax tankers are currently chartered as storage vessels, ICAP showed in a table of VLCC storage.
There has been a resurgence in the use of vessels for floating storage off the Gulf coast in the last two months ahead of the release of some 30 million barrels of crude oil from the U.S. strategic petroleum reserve.
A lack of onshore storage capacity in light of the influx of crude oil has encouraged owners to seek alternative means of storage, ship brokers said.
-By Sarah Kent, Dow Jones Newswires
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