Valero Takes Sikka-Loaded Jet Fuel Cargo to Caribs

Valero appears to have opted for a 65,000-ton cargo of jet fuel it loaded at Sikka around Feb. 24 to be shipped to the Caribbean, instead of discharging it in Europe. The tanker, Flagship Tulip, sailed through the Strait of Gibraltar around March 15 and is now signaling it will head to Freeport, Bahamas, in the next nine days. Presumably the cargo will be placed in storage at nearby oil refinery tanks.

Vessel movements show that the traders of gasoline-laden tanker, Nord Independence, slowed sailing times during the transit across the Atlantic around March 8 before deciding to send the vessel to Freeport, Bahamas.

The Nord Independence loaded at Bilbao, Spain, around March 2. The vessel is now signaling its Caribbean arrival by March 23. It previously was thought to have been heading for New York.

Caribbean-bound cargoes of gasoline are thought to be used for offshore storage and/or blending for the U.S. market.

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