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Tankers in World Markets
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Shipowners Looking to Commission LNG-fueled Ships Seek Regulations March 07, 2012 |
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BOSTCO Terminal to Start Construction Work March 07, 2012 |
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Egypt Hydrocracker to Resume Construction March 07, 2012 |
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Western Bank Sanctions Put Pressure on Iranian Crude Supply to Turkey March 07, 2012 |
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Will East Coast USA Clean Product Imports Expand? March 07, 2012 |
| Last month’s TIWM Special Feature examined the recent and noticeable growth in U.S. clean product exports – predominately from U.S. Gulf Coast refiners. With the recent closure of a significant portion of the U.S. East Coast’s refining capacity and the likelihood that more could close by this summer, the potential for increases in the area’s ocean-borne clean product imports seems like a safe bet. Those unfamiliar with a US law promulgated shortly after the start of the last century might assume that U.S. Gulf Coast clean product exports will be diverted to the U.S. East Coast hungry markets on tankers. While a seemingly logical assumption, it runs counter to the reality of the considerably higher freight costs embodied by US Jones Act shipping. |
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Hovensa LLC to Close Its US Virgin Islands Refinery(2) March 07, 2012 |
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Japan Direct Burning ESPO Crude Oil for Power Generation March 07, 2012 |
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Netherlands Shipping Company to Install a Marine Exhaust Scrubber March 07, 2012 |
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PetroSA Talks with Chinese About the Planned Corega Refinery March 07, 2012 |
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Tesoro Puts Hawaiian Refinery Up For Sale February 07, 2012 |
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