Suddenly, a Slew of Gulf Coast Crude Loadings Onto VLCCs
In 2018, a handful of midstream companies started racing to develop deepwater export terminals along the Gulf Coast that can fully load Very Large Crude Carriers (VLCCs) with 2 MMbbl of crude oil from the Permian and other plays. While some of those companies are moving toward final investment decisions (FIDs) that would bring their plans to fruition in the early 2020s,
Uber for empty containers could solve repositioning challenges
Relocating empty containers to where they need to be for the next load is a $20 billion inefficiency for supply chains.