Russian Port Bunker Volumes Higher than Expected

Tuesday, February 11, 2003
The major Russian port of St. Petersburg experienced it coldest January for 50 years and at the beginning of the month bunker suppliers there were fully expecting deliveries to slump. In fact volumes continued at more or less the previous month's level, despite very tough conditions for the bunker tanker crews.

Deputy general manager of leading bunker company ECO Phoenix Holding, Dmitry Ivanov, "In December the total volume of bunkers supplied at St Petersburg was about 40,000 tonnes, of which ECO Phoenix delivered about 12,000 tonnes. At the beginning of January conditions became so severe that we fully expected our sales to be hit hard. Icing conditions in the port are extremely bad and deliveries can only be made with the assistance of tugs which add about an extra US$4 per tonne to prices.. Much to our surprise we have managed to keep ECO Phoenix's volumes at 12,000 tonnes for January while we estimate the port total to be between 35,000 tonnes and 38,000 tonnes."

He adds: "In spite of rather high prices, the level of enquiry did not fall significantly. This was despite a dramatic fall in ship calls due to extensive and severe icing in the Baltic. The Marine Administration Department tells us only 415 vessels arrived at St Petersburg in January, compared to 638 in the same month last year.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest

SGS Wet Welding Repairs Approved by DNV GL

DNV GL and Subsea Global Solutions LLC (SGS) say that they have completed an extensive joint research and development program, that will allow permanent repairs

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

Fuels & Lubes

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest

A Boost for UK Offshore Drilling? DW Monday Muses

Drilling activity offshore UK is now expected to increase over the next few years as government and industry reacts to the recommendations in Sir Ian Wood’s report

Iraqi Kurdistan Oil Shipments Reach 8.8m Barrels

Iraqi Kurdistan has shipped 8.8 million barrels of oil from the Turkish port of Ceyhan since May, Turkish Energy Minister Taner Yildiz said, as the autonomous region

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.1522 sec (7 req/sec)