US Crude Exports Test Limits as Shipping Constraints Mount


Freight costs for very large crude carriers, known as VLCCs, have surged, with some routes seeing records. That’s creating a meaningful drag on export economics even as dock and pipeline capacity remain available. The other issue comes from offshore logistics, particularly lightering operations used to fully load those massive ships.



Source link

  • Related Posts

    Canada’s Seal Harvest Begins Today With a High Tide of Optimism

    “The products that come from our work are of high quality, sustainable, and natural,” says Jen Shears, sealer and owner of Natural Boutique in St. John’s, NL. “And so, we…

    From The Sports Desk: Bruin beatdown

    After a March Madness full of blowouts, what did you expect? The UCLA women destroyed South Carolina 79-51 in the national championship game yesterday, the third-largest blowout in title game…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    DJI’s Mic Mini records clear audio on the go, and it’s on sale for $60

    DJI’s Mic Mini records clear audio on the go, and it’s on sale for $60

    United Airlines’ 10 New Shortest Transatlantic Flights Revealed

    United Airlines’ 10 New Shortest Transatlantic Flights Revealed

    Canada Gazette – Part I, December 24, 2022, Vol. 156, No. 52

    Canada’s Seal Harvest Begins Today With a High Tide of Optimism

    Canada is terrible at tracking maternal death rates during childbirth

    Asics Gel-Kinetic 2.0 Release Date

    Asics Gel-Kinetic 2.0 Release Date