The number of VLCC loadings at Louisiana Offshore Oil Port (LOOP) remains limited in spite of rising US crude production exports.
The facility is the only US Gulf terminal that can accept fully laden VLCCs. However, it has recorded only two export shipments on VLCCs this year, both destined for Kochi, southwestern India, according to VesselsValue. Yet this comes at a time when US crude exports continue to flirt with record highs on the back of shale output.
