U.S. Oil Exports Go Up a Gear as Supertanker Sets Sail for China - Bloomberg
▻https://www.bloomberg.com/news/articles/2018-02-19/u-s-oil-exports-go-up-a-gear-as-supertanker-sets-sail-for-china
The flood of U.S. oil exports stepped up a gear on Monday after the first fully laden supertanker sailed from an American port, alleviating a bottleneck that’s limited overseas shipments.
The Louisiana Offshore Oil Port, or LOOP, the only deep water port in the U.S. able to handle the industry’s biggest tankers, said in a statement it had successfully completed the first loading of a very large crude carrier. Shipping data compiled by Bloomberg show the tanker is the Saudi Arabian-owned Shaden, now heading to the Chinese port of Rizhao.