The Houston ship channel reopened yesterday, returning to full operations for the first time since a fire at Intercontinental Terminal Co.s Deer Park, Texas, terminal in late March.
“This was a very serious problem for several weeks. [It] is much improved, but even now we know that there are barges loading which have been long delayed,” said Joe Rousmaniere, director of business development at Chemlube International, a base oil trader and distributor. “Since [ITC] is a major base oil storage terminal, the closure of just this one terminal alone is impactful.”
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