Entries by Alberto Forni

The Global Fleet of Asphalt carriers is quickly responding to increased transportation requirements

There are close to 170 asphalt sea carriers in the world, with total loading capacity of over 1.2Mtons. The fleet has doubled in size over the past 10 years and its capacity has trebled, with the average ship now able to load about 7kt. Growth has been quite steady over the period, supported mainly by […]

European Refining Under Pressure

Black Diamonds are Refineries still operating. Grey Diamonds are Refineries currently shutdown or announced shutdown / conversion. There are still close to 90 crude oil refineries in Europe, with a total distillation capacity of over 15,000 kbd. Most are small (avg. 200kbd), quite old and with a relatively simple set-up. Having difficulty competing with the […]