Oil Tanker Logjam Grows To 54 Ships As Gulf Ports Remain Closed

in #news7 years ago

via Zerohedge:

On Tuesday, just as Hurricane Harvey was peaking, we reported that according to ship-tracking data compiled by Bloomberg, as well as MarineTraffic real-time tracking, at least 25 tankers carrying almost 17 million barrels of imported crude oil were drifting near Texas and Louisiana ports, unable to offload because of closures from Tropical Storm Harvey.

Since then the situation has deteriorated by more than double, and as of Friday evening, Bloomberg reports that 54 tankers with capacity more than 33 million barrels either to deliver imported crude from Latin America, Europe, Caribbean, Africa and Middle East or receive U.S. supplies are drifting off U.S. Gulf Coast as several key ports remain closed while others are open with restrictions.

Read the full story here:

http://www.zerohedge.com/news/2017-09-02/oil-tanker-logjam-grows-54-ships-gulf-ports-remain-closed