Koole Terminals has begun operations at the storage facility for petrol and diesel in Pernis that it recently acquired from BP.
The companies have a long-standing relationship.
Coast Guard crews are continuing to monitor oil recovery operations (ORO) in the water near the International-Matex Tank Terminal (IMTT) Bayonne, New Jersey, Monday.
India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the current financial year.
The agency expects