Andy Hoffman

Government, Business, Fuel

Oil Trader Vitol Sues US for $52 Million Tax Refund

A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the U.S. government return more than $52 million in fuel taxes the Rotterdam-based company says was improperly collected.

Andy Hoffman | Bloomberg News
December 18, 2019
Business, Fuel

Trains, Trucks and Two Tankers Involved in Perhaps Most Logistically Complex US Oil Trade Yet

Daniel Acker/Bloomberg News

Mercuria Energy Group has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted.

Andy Hoffman | Bloomberg News
Javier Blas | Bloomberg News
Sheela Tobben | Bloomberg News
Laura Hurst | Bloomberg News
August 25, 2016
Business

Port of Long Beach Chief Sees More Pain for Shipping Lines

Tim Rue/Bloomberg News

Global container shipping lines face one or two more years of pain as the industry consolidates amid overcapacity and weaker demand, according to the Port of Long Beach’s CEO.

Andy Hoffman | Bloomberg News
May 24, 2016