Mon, 11 May 2020 21:00:57 +0000

Negative oil prices and off-the-scale volatility in crude markets are positive for floating storage, as the next chapter of the Covid-19 pandemic energy crisis plays out on the world’s fleet of tankers. Beyond the turbulence, record-breaking volumes of oil and refined products being stored on tankers at sea are presenting owners and operators not only …

 

Full article: https://www.hellenicshippingnews.com/oil-market-turbulence-pivots-focus-on-floating-storage-technical-needs/