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Temporary suspension of oil tanker operations after Tianjin port blast

August 14, 2015 (6:56 mins)

China's Tianjin port handles about 20 million mt of crude annually or 400,000 b/d, and any disruptions in the unloading of tankers can impact refinery operations. After two explosions that rocked Tianjin port on August 12, Platts senior managing editor Pradeep Rajan, senior editor Sameer Mohindru and senior analyst Oceana Zhou look at the impact of the blast on the oil shipping market, the safety situation at Chinese ports, as well as the possible implication of the fatal incident to China's ambitious maritime Silk Route Project.

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