The Atb Oil Terminal News

New Malaysian Port Receives First Cargo

The ATB oil terminal in the Port of Pelepas, Tanjung Bin, owned and operated by VTTI, the 50/50 joint venture between Vitol and the Malaysian maritime conglomerate MISC received its first oil tanker alongside their deep draft jetty facilities. The MT “Kition”, a 100,000 DWT tanker safely and successfully discharged at ATB's VLCC berth. The receipt of the first fuel oil cargo from the MT Kition represents a significant milestone for the ATB oil terminal, offering new storage and logistics opportunities for petroleum products in the Singapore region at competitive rates. The terminal is a grass-root project which began construction in September of 2009.