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Found 72 results
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Falling Oil Spurring Demand for VLCC Floating Storage
Dec 17, 2014 ... are very few idle ships out there now and the market is much tighter." Very large crude carrier (VLCC) rates are reportedly almost at five-year highs, and low prices have also had some part in ...
Vopak Horizon Fujairah Adding Capacity
Dec 30, 2013 ... one manifold, and a pipeline connection to the Port of Fujairah's new very large crude carrier (VLCC) jetty. The project will bring the facility's total capacity to over 2.6 million cbm. The ...
New Oil Terminal, Blending Facility Planned for South Africa
Sep 11, 2013 ... oils. The terminal's jetty will be capable of handling vessels up to very large crude carriers (VLCCs). OTGC, a subsidiary of independent oil storage company Oiltanking GmbH (Oiltanking), has ...
Oiltanking Sells 45% of Singapore Storage Terminal
Aug 14, 2013 ... of 503,000 cubic meters (cbm) and 18 tanks and is capable of handling very large crude carriers (VLCCs). Oiltanking, is a subsidiary of privately owned German petroleum company Marquard & ...
Brightoil Zhoushan Oil Storage Project Begins
Jun 19, 2013 ... said the storage facility will allow it to take direct deliveries from very large crude carriers (VLCCs), bringing its costs into line with those in Singapore and helping it to compete in the ...
DNV: Capture of up to 65% of CO2 "Technically Feasible"
Feb 13, 2013 ... facilities at port. The technology could reduce CO2 emission for a very large crude carrier (VLCC) by more than 70,000 tonnes per year. "In response to more stringent environmental ...
Brightoil Looks to Expand Bunker Business
Dec 3, 2012 ... China bunkering business should expand significantly by next year," he said. "Once we have VLCCs delivering straight into our Zhoushan storage facility, our costs will be on par with those ...
Euronav Nets Q3 Loss of $34.9 Million
Oct 26, 2012 ... last year to $54.9 million. Euronav also announced that it sold the very large crude carrier (VLCC) Algarve for $35.9 million and that the new owner will convert the ship to a floating ...
Phillips 66 To Sell New York Marine Terminal to United Refining
Oct 10, 2012 ... crude oil, heavy fuels, diesel and gasoline, as well as an an offshore very large crude carrier (VLCC) dock, reported to be the only deepwater loading and unloading facility on the U.S. East ...
Indian Tankers Granted Insurance to Carry Iranian Oil
Jul 10, 2012 ... this is a fraction of the typical $1 billion P&I coverage that a very large crude carrier (VLCC) will have. "We (shipowners) had asked for and have been offered a P&I cover of $50 ...
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