Wednesday, February 14, 2018

First supertanker being loaded in La.

The first oil supertanker ‘Shaden’, capable of carrying two million barrels of crude, was being loaded in south Louisiana this week, signaling the next phase in America transitioning to becoming a major energy exporter. The Saudi Arabian-flagged tanker was chartered by Shell Oil, according to a report by S&P Global Platts. The ship was due to leave the Louisiana Offshore Oil Port near Cut Off, La., with a cargo of medium sour crude, sources told Platts. Shell declined to comment on the report. (Source: Hellenic Shipping News 02/15/18)