A Fleet of Tankers Is Hoarding Oil for a Gathering Storm

[par_putt]

https://www.bloomberg.com/news/articles ... nd=premium

Some of the top trading houses are beginning to gather a fleet of tankers to receive, store and resell products such as low-sulfur fuel oil, diesel and light-cycle oil in what would effectively be a mini supply and distribution hub out at sea. That’s ahead of Jan. 1, when International Maritime Organization rules will require ships worldwide to stop burning dirty fuel and use relatively cleaner supply.

[dan_s]

Now that is a good idea.