Items Tagged with 'tanker'

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LNG Tanker Owners Launch Pooling Effort

A trio of liquefied natural gas carrier owners has formed a pool through which their vessels operating in the spot market will be contracted for charters of up to 12 months. The idea is to lower costs and improve contracting efficiencies, a representative of one of the participating companies told NGI. Read More

PHMSA Proposes Rule to Beef Up Safety of Tanker Traffic

Responding in part to the derailment and explosion of a crude-laden tanker in Quebec in July, the Department of Transportation's (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) has proposed a rule aimed at improving the safety of the rail transportation of hazardous materials by tanker cars, as well as the rail transportation of shale oil. Read More