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UAE plans more Fujairah crude oil storage, VLCC tanker berths
Fujairah, UAE (Platts)--23 Sep 2014 905 am EDT/1305 GMT

The UAE plans to expand its crude storage at the Arabian Sea port of Fujairah and new berthing facilities are being built to allow VLCCs, officials said Tuesday.
Global oil shippers adrift on troubled seas
June 19, 2012 13:00:00 EST

Though posterity may declare recent years a "boom time" for the oil industry, shipping is one sector where this statement would largely not apply. In this videoRichard Swann and Simon Thorne and Ellie Weir discuss how oil shippers across the globe are coping with falling demand & a huge over-supply of vessels, & changing trading flows.
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