12AUG2019 - NEWS - Euronav's IMO storage ULCC loads Kraken crude

Shipping company Euronav's ultra large crude carrier (ULCC) Oceania loaded heavy crude before it set off for Asia-Pacific with its huge cargo of fuel compatible with the International Maritime Organisation (IMO) sulphur emissions rules.The Oceania loaded 70,000t of North Sea Kraken crude in a ship-to-ship operation in the Mediterranean, according to oil analytics firm Vortexa.It also loaded a 25,000t cargo in the Mediterranean in a STS operation from a tanker that itself loaded at Dutch company Koole's storage terminal in Rotterdam, according to Vortexa. Container shipping firm AP Moller-Maersk leases a petrochemical industrial distillation (PID) unit from Koole at Rotterdam to process crude and produce low-sulphur marine fuels.