Pertamina To Stop Using Tanker For LSWR

Wednesday, November 29, 2000
Indonesian state oil company Pertamina will stop using the Platinum tanker as a storage platform for low sulfur waxy residual (LSWR) in December, Reuters reported.. The last loading from the vessel, a VLCC, is scheduled for December 7-9. The Platinum tanker has a capacity of about 230,000 tons and gave Pertamina more flexibility for exporting LSWR as it allowed buyers to offload the product onto larger tankers than would be possible at onshore terminals. From January, Pertamina will load LSWR from Balikpapan and Dumai in 200,000-ton lots, with about nine to 10 lots lifted from Balikpapan and one to two from Dumai, traders said. The state oil company was expected to issue a tender later this week to sell 200,000 tons each of cracked LSWR from Balikpapan and Platinum for December 7-9 lifting, traders said.

Maritime Today


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

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

Shipbuilding

Carnival Vista Delivered at Fincantieri’s Monfalcone

“Carnival Vista” the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, the world's largest cruise ship operator, was delivered today

Samsung Heavy Loses $4.6-bln FLNG Order

South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied

Englishman: 11th Humber Tug Bears the Name

Humber tugboat operator SMS Towage has drawn on an old name for the latest addition to its fleet. The new Englishman is the 11th Humber tug to bear the title, in

Finance

Cargotec Logs Higher Profits

Cargotec's January-March 2016 interim report: Profitability improved according to target   * Strong order intake in Kalmar and Hiab   * MacGregor profitability

ANZAC Class Frigate Sustainment Deal Signed

The Turnbull Government has signed a long-term contract for the sustainment of ANZAC Class Frigates centred in Western Australia.   The strategic partnership

"K" Line Review of Medium-Term Management Plan

Kawasaki Kisen Kaisha, Ltd. (“K” Line) reviewed “K” Line Group’s medium-term management Plan, which was formulated in March 2015 as the business strategy toward our 100th anniversary in 2019,

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.0807 sec (12 req/sec)