Phillips 66’s proposed deepwater oil export terminal off Corpus Christi, Texas, expects to load up to 16 VLCCs a month, joining an already competitive market to move the next wave of US crude exports, according to its application the US Maritime Administration made public Monday. The project, called Bluewater Texas Terminals, would have two single-point-mooring buoys able to handle two VLCCs at a time. Crude exports could flow onto the supertankers at a rate of 80,000 b/hour, or up to 1.9 million b/d, during a single-vessel loading. US crude exports hit an all-time high of 3.8 million b/d in the week ended June […]