The United Nations has purchased a large tanker to store roughly 1.1 million barrels of oil. the oil is currently stored on a decaying vessel of the coast of Yemen, and officials have been warning that an environmental disaster is imminent for several years. The oil will be transferred to the UN’s tanker in a bid to protect the Red Sea and Yemen’s coastline from an oil spill.

Terminal News
Bp To Sell Gelsenkirchen Refinery to Klesch Group
Bp has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner. The transaction represents another significant milestone in bp’s acceleration of





