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 Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

E-marine Begins Fleet Expansion

E-marine, a provider of submarine cable installation and repair solutions in the Middle East and Sub-Continent region, has unveiled plans to expand its fleet of cable ships in 2015,

VT Halter Launches ATB Tug for Bouchard

VT Halter Marine launched ATB tug Kim M. Bouchard for Bouchard Transportation at Moss Point Marine facility on February 26, 2015. Measuring 150 feet long, the 10,

ECO Orders Rolls-Royce Equipment for New AHTS

Rolls-Royce has been awarded a contract worth $30.6m with the American owner Edison Chouest Offshore (ECO). The contract for ship equipment comprises Azimuth main propulsion,

Finance

Access to Brazil's Itajai Port to Open as Truck Protest Ends

Protesters have agreed to open access to Brazil's main poultry exporting port of Itajai in Santa Catarina state, the port said on Wednesday, ending a lingering

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

Kvichak, Vigor Announce Merger

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1791 sec (6 req/sec)