Venezuela's PDVSA Allocates Heavy Crude Cargo to Italy's Eni
Venezuela's PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S. State Department to take the crude to Europe for outstanding Venezuela debt and dividends, an exception to U.S. oil sanctions on Venezuela. The cargo allocations…
Sanctioned Oil Tanker Young Yong Heads to Nipah after Stranding in Indonesia
U.S.-sanctioned oil supertanker Young Yong is being towed to an anchorage area in Nipah, Indonesia, after the stranded tanker was successfully refloated, Commander of Indonesia's First Fleet Arsyad Abdullah said on Thursday. The tugboats that had surrounded the ship were also dispersing, data on Refinitiv Eikon and MarineTraffic website showed. On Refinitiv Eikon, Young Yong's status has been changed to "restricted manoeuvrability" from "aground", which would indicate the vessel is floating but that the crew does not have full control of the vessel. The United States allowed some transactions necessary to dock and anchor the Young Yong safely and make repairs as part of the efforts to free the vessel. The supertanker ran aground off Indonesia's Riau Islands on Oct. 26 near a gas pipeline.
Baton Rouge, New Orleans Ports Reopen After Ida, Key Oil Hubs Remain Shut
Most ports along the U.S. Gulf Coast had reopened on Thursday following lengthy closures from Hurricane Ida, which lashed southern Louisiana with 150-mile-per-hour winds that caused extensive infrastructure damage and floods.Two of Louisiana’s main ports, New Orleans and Baton Rouge, reopened late on Wednesday, according to the U.S. Coast Guard. They joined the already functional terminals of Panama City, Biloxi, Mobile, Pascagoula, Bienville, Beaumont, Cameron, Lake Charles, Port Arthur…
Transas CEO Calls for Big Data Standardization
Frank Coles, Transas CEO, has delivered a keynote speech calling for the International Maritime Organization (IMO) to set standards of compliance for the communication connections between ship and shore or else create a significant cyber security risk. The speech on Connected Ships & Cybersecurity was delivered at the Shipping Insight Fleet Optimization Conference which took place in Stamford, CT. on October 18-19. Cybersecurity is without a doubt a highly-debated topic in the maritime industry.
BigOceanData Vessel Monitoring for Singapore
BigOceanData and Alltek Technology Singapore have won a competitive open tender to supply AIS vessel monitoring services to a Singapore government organization. BigOceanData’s modern, web-based AIS vessel monitoring system and fleet management tools are now helping to track and report on up to 50 material container vessels at any one time that are inward bound to Singapore. The tender selection process was tough with the client demanding a very high standard to meet their need for a modern, high-intensity ocean vessel monitoring operation with integrated mapping and charting information. “The contract was finally won not only by meeting all the contractual and pricing requirements…
