Confusion about whether Abu Dhabi port eases Qatari restrictions
Singapore/Dubai — Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters on Wednesday. Abu Dhabi Petroleum Ports Authority issued a new circular on Wednesday removing previous restrictions on non-Qatar owned, flagged or operated vessels sailing to and from Qatar. This effectively allows direct trade between the two ports and co-loading of crude cargoes, a Singapore-based ship-broker said. However, a Middle East-based industry source said there has been no official notification on halting the co-loading of crude cargoes. The ban on vessels carrying the Qatari flag and vessels owned or operated by Qatar is thus still in place, according to the circular. But given there are few Qatari-flagged or owned vessels, this is unlikely to have as big an impact on the market as the previous circular, the ship-broker added. Reuters reported on Wednesday that two very large crude carriers, whic...
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