Oil cargoes bought for state reserve stranded at China port – sources

About 4 million barrels of crude oil bought by a Chinese state trader for the country’s strategic reserves have been stranded in two tankers off an eastern port for nearly two months due to a lack of storage, two trade sources said. The delays will cost millions of dollars and indicate how China is struggling …
Go to Source
Author: hellenicshippingnews

Powered by WPeMatico

Share this article

Facebook
Twitter
LinkedIn

More articles from MAST...

Get in touch

Maritime Security
Email:Operations@mast-security.co.uk
24/7 Emergency Telephone:+44 (0) 1218 209 946

Main Office: +44 (0) 1279 216726

Risk Consulting
Email: Riskconsulting@mast-security.co.uk
Call: +44 (0) 1279 874 528

Security Systems
Email: Technology@mast-security.com
Call: +44 (0) 1279 874 521

Skip to content