Report: Unipec Halts Crude Oil Imports from U.S.(marine crane manufacturer;offshore crane manufacturer)

- Aug 07, 2018-

tanker-768x576-667x500.jpgBased on the report, it is not clear until when will the suspension last, however, it appears that Unipec has no bookings for U.S. crude oil until October. Nevertheless, the company, which is the world’s largest charterer of VLCCs, is likely to continue trading U.S. crude.

The trading freeze comes as Washington is about to announce a new wave of tariffs against China targeting USD 200 million of Chinese goods, increasing taxes from 10 to 25 percent. China has already prepared a counter strike should U.S. move forward with the new tariffs. Namely, the Chinese Ministry of Finance announced it would impose a USD 60 billion worth of tariffs on U.S. goods, including LNG.

If the proposed tariffs, amounting to USD 16 billion, are implemented, the tanker and gas shipping industries can also expect changes to trade lanes as China switches to other supplier countries.

The US crude oil exports are most likely to be affected and these are primarily driven by China, which was responsible for 25 pct of all US seaborne crude oil exports in terms of volumes in 2017, as indicated earlier by BIMCO.

(marine crane manufacturer;offshore crane manufacturer)

Product DescriptionOUCO-Marine-Vessel-Hydraulic-Anchor-Horizontal-Mooring.jpg

As vessel anchor winch, it is adopted when a vessel reaches a pier and needs anchoring; Anchor marine winch can be both applied for vessel anchoring and mooring; vessel anchor handling and towing winch is the winch used both for anchoring and towing with different drums.

As such an important device installed and applied on a vessel, the winch should be chosen and purchased very carefully, and much attention should be paid to the quality of the winch to make sure that it can work well during the marine operations, or it may need much maintenance and it may be a waste of your time and money.

Classifications of Vessel Winch

Electric and hydraulic vessel winches are more widely used on vessels at present, which work reliably and efficiently and are easy to operate and maintain.

(marine crane manufacturer;offshore crane manufacturer)