Floating Storage Solutions
Common Applications
- Storage during market contango situations when future oil prices exceed current spot prices
- Onshore storage limitations at major ports or trading hubs
- Strategic reserves or logistical staging points for trading operations
- Storage during refinery shutdowns or market disruptions
Operational Expertise
- Selecting appropriate vessels for storage deployment
- Structuring storage charter agreements
- Managing operational and safety considerations
- Coordinating with terminals, regulators, and marine service providers
Floating storage is widely utilized in major global energy hubs including Singapore, the Middle East, and Europe.