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Middle East and Africa Saudi Arabia Tankers and Gas

Saudis join floating storage surge as oil surplus strains land-based capacity

After igniting the tanker crude surge in the spot market, the Saudis help to lift tanker period rates higher

  • Analysis

Of the 21 VLCCs chartered for periods of between six and 12 months in the past two weeks, nine are specifically designated as floating storage

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Middle East and Africa Saudi Arabia Tankers and Gas
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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