As new pipeline capacity of US crude export brings more cargo to sea, it is breaking records and setting a new benchmark on how this crude is dealt with at the terminals, says a report published in Petroleum Economist.
The US Crude Market Scene- Most US crude shipped to Atlantic Basin buyers is loaded on smaller 750,000-bl Aframax tankers.
- In contrast, almost all US crude sent to Pacific Basin buyers is transported using very large crude carriers (VLCCs) that can hold 2mn barrels each.
- Due to...
http://mfame.guru/vlccs-come-to-port-as-us-crude-transport-cost-falls/