Crude Flows Again At Ceyhan

Thursday, January 25, 2001
Iraqi crude oil exports were flowing again at the Turkish port of Ceyhan, where the second vessel this year was finishing lifting and three new cargoes were expected to turn up soon, industry sources said. The sources said the Marina M, which recently replaced the earlier chartered Seadancer, has just about finished lifting one million barrels of Kirkuk crude and the two million barrel Amazon Falcon is already berthed and waiting. Three new vessels are also expected before month's end, with the one-million-barrel Crudesky due to arrive on January 27, and two very large crude carriers (VLCCs) -- the Orient Tiger and the Front Champion -- seen on the 28th and 29th, the sources said. Iraq's state oil marketing organization (SOMO) has listed the three new tankers as expected, but has not issued final approval for them to load. The United Nations, which oversees Iraq's exports, has also not yet approved them. The pipeline that carries Iraqi oil through Turkey to the port was also pumping, but at a reduced rate, they said. Oil exports from Ceyhan resumed last Sunday with the loading of the Super Lady -- the first ship to load this year and only the second to lift since Baghdad began demanding an illegal surcharge paid into a non-U.N. account at the end of November. Loadings at Iraq's Gulf port of Mina al-Bakr, its only other U.N.-approved export point under the oil-for-food program, continued smoothly, the sources said. Iraqi oil exports in the week ended January 19 totaled 814,000 bpd, according to the United Nations. Before Baghdad implemented its surcharge demand, supplies had been running at around 2.3 million bpd.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navigation

Ice Condition 3 for Delaware Bay

The Captain of the Port (COTP), Delaware Bay is notifying mariners that Ice Condition 3 has been set for the Port which includes the Delaware Bay and River, the C&D Canal,

Volvo Penta Debuts Innovative Glass Cockpit

The new generation of Glass Cockpit expands Volvo Penta’s collaboration with Garmin for an advanced monitoring and control system that makes boating easier. And its clever application,

NZ's “Sound framework” for Managing Coastal Navigation

A review of coastal navigation safety by Maritime NZ has found that there is a sound framework in place to manage the movement of ships around the New Zealand coast,

Energy

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Paragon Offshore to File for Bankruptcy

Paragon Offshore Plc said it will file for Chapter 11 bankruptcy on or before Feb. 14, becoming the first U.S. energy-related company to seek court protection from

Philippines Mulls Bilateral Sea Talks with China

The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea but only if it wins its case with Beijing at an arbitration tribunal in The Hague,

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0783 sec (13 req/sec)