VOL. XXX

NO. 6

17-NOVEMBER-1986

GENERAL

Floating Storage Capacity Reaches 12mn Barrels

As of 1 November the tanker capacity under contract as floating crude storagewas some 122mn barrels in 87 vessels, according to the London shippingconsultants Internaft. Of this total 46mn barrels is anchored in the Gulf/RedSea area, 44mn in south Asia, 16.8mn off west Africa, 9mn in the UKContinent/Mediterranean area, and 7mn in the US Gulf/ Caribbean, Brazil andelsewhere. The monthly cost of storage,...