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Floating storage of oil cargoes

Floating storage of oil cargoes
Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefined and refined oil products of all types. As such there is a now growing demand for oil tankers to be used as floating storage.

This P and I circular looks at the potential issues to consider in long term storage and the recommended actions required.
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Posted: May 19, 2020,
Categories: Industry Guidance,
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Author: Jon
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