VLCC Anne largest supertanker to ever berth at a U.S. port
Euronav’s VLCC, the Anne, is the largest supertanker to ever berth at an American port.
On 26 May the Anne berthed at the Texas' Corpus Christi oil terminal a year after the U.S. congress lifted a 40 year old ban on U.S. oil export and in the midst of a shale oil boom. Occidental Petroleum Corp., the largest oil producer in the Permian Bassin, the hearth of the shale oil boom, chartered the VLCC Anne for this test run. As the test run proved successful, this will aid a surge in US crude exports around the world, including Asia.
To get cargoes to Asia, the ships will take the long way around Africa, increasing the amount of ton miles these VLCCs sail, positively impacting the crude tanker market.
Only last week the EIA announced that U.S. oil output will hit a record in 2018, climbing to 9.96 million barrels production a day.
Currently, no ports in the U.S. can accommodate a VLCC (VLCCs are so huge they can only enter a limited amount of ports worldwide). The Port of Corpus Christi had to dredge a channel to connect it to the US Gulf. The reason they would take on such an investment is the origin of a new oil export trade route directly from a U.S. port to Asia.
Belgian television station Kanaal Z covered the story which you can watch on their website.
Kristv.com made a video of the Anne arriving at the Ingleside terminal in Corpus Christi. You can watch the video here.
Coprus Christi Caller Times also made pictures of the vessel arriving which you can find on their website.
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