Bank of America: No US crude oil export before 2019

The tank carriers looking to transport crude oil from the United States may have to wait a while. The Bank of America estimates that crude oil exports from the US will not be allowed before 2019.

BY LOUISE VOGDRUP-SCHMIDT

The US ban against transporting crude oil will likely not be lifted before 2019, says the Bank of America according to Bloomberg.

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Bank of America: No US crude oil export before 2019

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US import from Russia increases in spite of tensions

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

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Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

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