Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Oil Terminals News

05 Mar 2024

Turkish Oil Terminal Halts Russian Oil Business

© Kalyakan / Adobe Stock

One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one of the biggest importers of Russian crude and fuel since 2022, after the West imposed sanctions on Moscow for the invasion of Ukraine. Russia responded by re-routing oil away from Europe and the U.S. to Asia, Turkey and Africa.Global Terminal Services' (GTS)…

29 Jan 2024

Russia Eases Harsh Weather Restrictions to Boost Oil Exports

© Igor Groshev / Adobe Stock

Russian ports are operating during more severe storms and easing restrictions for non ice-class vessels during winter, traders said and regulations showed, in an attempt to boost exports following disruptions from Western sanctions and harsh weather.Following the European Union oil embargo, Russia has to rely mostly on seaborne loadings, rather than westbound pipeline supplies via the Druzhba pipeline.Traders and analysts said the easing of restrictions carried technical and ecological risks, but could help Russia's revenues that are heavily reliant on oil.Russian pipeline monopoly Transneft,

05 Jun 2023

Ports in China's Oil Hub Shandong Scrutinizing Old Tankers

© Nicola / Adobe Stock

Ports in China's Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world's biggest oil importer.Last week, the maritime safety administrations at Qingdao and Rizhao, which covers the oil terminals at the port of Lanshan, notified shipping agencies to submit details on their ships' age, where a ship is flagged…

30 May 2023

Heroic Idun Released from Nigeria

Source: Nigerian Navy

The Nigerian Navy announced the release of the VLCC Heroic Idun on Saturday, and the crew and vessel are now reportedly sailing for South Africa.The navy said the “grave infractions” of the vessel were prosecuted by the Federal Government of Nigeria at the Federal High Court, Port Harcourt on January,10 2023. The 26 foreign crew pleaded guilty and elected voluntarily to enter into a plea bargain that involved paying fines and making an apology to the Federal Republic of Nigeria…

29 Mar 2023

Syria: All Ports Shut Due to Bad Weather

Tartous map - Credit: Tatiana/AdobeStock

Syria's port authority has shut down all the country's sea ports including Tartous due to poor weather and high winds, state media reported on Wednesday.The port of Tartous had initially been exempt from the closure but the country's ports authority later said it was shutting down as conditions worsened. "There are winds and high waves in bursts and we cannot risk opening the ports at this time," Brigadier General Samer Kobrosli, the director general of the authority, told Reuters.

14 Jun 2022

Oil Tanker Docks at Libya’s Es Sider Port Despite Blockade

© Zerophoto / Adobe Stock

An oil tanker has docked but has yet to load at Libya's Es Sider port, engineers said on Tuesday, despite groups saying that the port was closed.Last Thursday, groups at Libya's Es Sider and Ras Lanuf oil terminals closed them and exports were halted in an apparent expansion of a partial blockade of the country's energy output.(Reporting by Ayman al-Warfali; Writing by Lina Najem;Editing by Louise Heavens)

01 Jun 2022

Marine Insurance: CyNav for Ports & Terminals

Copyright metamorworks/AdobeStock

WTW has launched CyNav for Ports and Terminals, a cyber solution specifically designed to help address the escalating cyber risks faced by owners and operators in this strategically vital sector of the global maritime supply chain. The release of CyNav for Ports and Terminals is a direct response to growing calls from operators for a bespoke product that addresses the specific risks faced by their high-value asset class and closes the gaps found in the standard cyber policies of today’s insurance market.Due to the outsized role its practitioners play in supporting the global economy…

01 Jun 2022

Singapore's New Trade Data Sharing Platform Aims to Stem Fraud

© ake1150 / Adobe Stock

A Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years.The Singapore Trade Data Exchange (SGTraDex), whose founders include banks DBS and Standard Chartered, commodity trader Trafigura and the local tech regulator, Infocomm Media Development Authority, was launched on Wednesday after plans were announced last year."We're trying to replicate what's happening in the physical world…

01 Apr 2022

Oil Protesters Block 10 UK Oil Terminals

Credit: Extinction Rebellion UK

Hundreds of climate change protesters blocked oil terminals across Britain on Friday with some supporters climbing on top of oil tankers as part of their campaign to force the government to end its reliance on fossil fuels.Extinction Rebellion, which caused days of traffic chaos in central London three years ago, and another group Just Stop Oil blocked refineries around London, Birmingham, and Southampton.Police in Essex, just east of London, said they were dealing with three incidents and six people had been arrested.The protests are part of planned demonstrations by Extinction Rebellion, whi

10 Sep 2021

Loading Ops Restart at Libyan Oil Ports

Loading operations at the Libyan oil terminals of Es Sider and Ras Lanuf resumed on Friday after a stoppage, National Oil Corporation and two engineers at the ports said.Exports were still halted at a third terminal, Hariga, where people have blocked loading operations, an engineer there said.Libyan oil output has been over 1.3 million barrels per day for much of 2021 but insecurity, political divisions and budget disputes threaten to undermine production or stop exports at various fields or ports.Last year, eastern-based forces in the civil war blockaded almost all exports for months, ending with negotiations that came in the context of a wider push towards peace.Earlier this year…

24 Aug 2021

ADNOC Logistics & Services Acquires Six Stan Tugs from Damen

Credit: ADNOC L&S

ADNOC Logistics & Services has acquired six line boats to provide critical marine services across petroleum ports in Abu Dhabi. The company, the shipping and maritime logistics branch of the Abu Dhabi National Oil Company (ADNOC), said all the vessels are of the Damen Stan Tug 1606 type and were contracted directly from Sharjah-based Albwardy Damen.The steel-hulled, twin-screw vessels are powered by two Caterpillar engines providing nearly 16 tonnes of bollard pull. "With their proven design…

17 May 2021

Sabine Pilots Association Opens New HQ

(Photo: Sabine Pilots Association)

The Sabine Pilots Association on Monday formally opened its new headquarters located in Port Arthur, TexasThe new structure is designed and built to enable the Sabine Pilots to handle the growth and challenges of expanding shipping demands on their waterway.Present at the opening ceremony were some 500 maritime community stakeholders as well as elected and appointed governmental and port area leaders. Speakers were Captain Charles A. Tweedel, President of the Sabine Pilots, and Father Sinclair Oubre' of the Port Arthur Seafarer Center and Apostleship of the Sea…

20 Apr 2021

Libya's NOC Declares Force Majeure on Port of Hariga Exports

Credit: NOC

Libya's National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a budget dispute with the country's central bank.Daily lost income "may exceed 118 million dinars ($26 million)", NOC said in its statement.The port was expected to load about 180,000 barrels per day (bpd) in April, on board six tankers, according to a loading schedule.Libyan oil output hit 1.28 million bpd in March…

19 Aug 2020

Stored Crude, Condensate Could be Shipped from Shuttered Libyan Ports

© Puchthanun / Adobe Stock

A limited reopening of Libyan oil terminals could allow the export of some crude oil and condensate stored at Es Sider, Brega, Zueitina and Hariga, but leaves a months-long blockade of the ports in place, oil engineers say.East Libyan authorities said on Wednesday they would permit exports of the stored products in an effort to ease an electricity supply crisis that has resulted in increasingly lengthy power cuts.The ports have been blockaded since January by east Libyan factions as part a wider conflict…

14 Jul 2020

Monjasa Expands Bunkering Capacity in Houston

(Photo: Monjasa)

Marine fuels supplier Monjasa says it is further developing its services in America’s top bunkering hub.The Houston Greater Area welcomes 1,375 vessel arrivals monthly and sees marine fuels demand of an estimated 4.5-5 million metric tons yearly. To further cater for an increasing demand, Monjasa now extends local supply capacity and product loading options.The company said it will add an additional barge on time charter as of July 2020. This improved operation can now accommodate around 60 deliveries and supply 40…

10 Jul 2020

Libya's NOC Lifts Force Majeure on Exports. First Tanker Loaded at Es Sider

Libya's National Oil Corporation (NOC) lifted force majeure on all oil exports on Friday as a first tanker loaded at Es Sider after a half-year blockade by eastern forces, but said technical problems caused by the shutdown would keep output low."The increase in production will take a long time due to the significant damage to reservoirs and infrastructure caused by the illegal blockade imposed on January 17," NOC said in a statement.A first cargo of 650,000 barrels will be shipped by the Kriti Bastion Aframax tanker, chartered by Vitol, which two sources at Es Sider port said had docked and started loading on Friday morning.The blockade…

15 May 2020

PDVSA Creates New Ports Unit Amid Company Shakeup

© Francis / Adobe Stock

Venezuela's state-run oil company Petroleos de Venezuela has created a new unit to run its oil terminals, according to a copy of the government's official gazette seen by Reuters and a person with knowledge of the matter.The launch of the new unit, PDV Puertos S.A., comes after socialist President Nicolas Maduro last month named a new PDVSA president and oil minister to try to revive the once-prosperous OPEC nation's crude output, which has fallen to decades-lows due to years of underinvestment and mismanagement as well as U.S.

13 Aug 2019

UAE Presence Grows in the Maritime World

DP World currently has five terminals in Dubai, three at the flagship Jebel Ali Port. Photo Credit: DP World

Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics. One of…

08 Aug 2019

James Fisher Acquires SM Continental

UK's marine engineering services provider James Fisher and Sons has acquired 60% of the share capital of Continental Participação E Administração, the holding company of Brazilian subsea specialist Serviços Marítimos Continental.Continental, an established air diving service provider to the offshore oil sector in Brazil, provided inspection, repair and maintenance services to offshore oil terminals, primarily FPSOs, the company said.Based in Macaé, Rio de Janeiro State, Brazil, Continental provides inspection, repair and maintenance (IRM) services to offshore oil terminals, primarily FPSOs.Between 2016 and 2018 the average annual earnings before interest…

04 Oct 2018

Singapore Looks to Tighten Controls in its Bunkers Supply Chain

© Dmitry Zheltikov / Adobe Stock

Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokeswoman for the government agency Enterprise Singapore said on Thursday, to boost transparency and accountability in a notoriously opaque industry.The Technical Committee for Bunkering has submitted a proposal to the national standards body, Enterprise Singapore, for a new standard on quantity, measurement and sampling requirements for transfer of bunker fuel from oil terminals to bunker tankers using mass flow metering, the spokeswoman said."This proposed standard complement

01 Aug 2018

35 Seafarers Kidnapped in Gulf of Guinea in 2018 -Report

(Photo: EOS Risk Group)

Nigerian pirates have kidnapped 35 seafarers from vessels in the Gulf of Guinea so far this year, according to security firm EOS Risk Group.Nigeria continues to be the world’s epicenter for piracy activity. From January through June 2018, EOS recorded 34 Nigerian pirate attacks on merchant and fishing vessels in the Gulf of Guinea. These attacks resulted in the kidnap of 35 seafarers for ransom and the hijacking of several vessels, EOS Risk Group disclosed in its half year review…

03 Jul 2018

Monjasa Expands into Northern Europe and France

MT Skaw Provider

Monjasa expands its reach to Northern France and goes from two to three supply vessels in Northwest Europe. Providing a niche market alternative to the Amsterdam-Rotterdam-Antwerp (ARA) bunker hub has proven relevant for a growing number of customers and volumes are increasing. Steadily growing demand in the English Channel allows Monjasa to expand its services to cover Northern France as well. Monjasa is able to cover port areas from Dunkerque, Calais, Dieppe, Le Havre and all the way to Brest.

17 Jun 2018

Al-Iraqia Shipping Commences Bunkering Operations in Iraq

Al-Iraqia Shipping Services & Oil Trading (AISSOT) is shortly commencing bunkering operations at Iraqi Ports mainly at Basra, Khor Al-Zubair and Umm Qasr. AISSOT is a joint-venture company of Iraqi Oil Tankers Company (IOTC) & Arab Maritime Petroleum Transport Company (AMPTC) to handle plethora of activities ranging from Trading of petroleum products, Ship chartering, Oil terminals, various Marine services, and Bunkering. Iraq ports are growing exponentially as shipping hub over the years and AISSOT is confident to cater to all marine related needs of the shipping lines calling Iraq, anchorage area and nearby ports by offering them end-to-end bunkering solutions meeting international standards on quality and safety.