The US Says More Oil is Leaving the Middle East, but is it really?
Just how much crude oil is leaving the Strait of Hormuz?U.S. Energy Secretary Chris Wright claims almost nine million barrels per day, but the companies that track vessel movements say at best it is about half this volume.The amount of crude leaving the Middle East via the narrow chokepoint matters, as it's this oil that goes to Asia, the top energy-consuming region that has been hardest hit by the fallout since the U.S. and Israel attacked Iran on February 28.Wright said on social media platform X on August 12 that "thanks to the coordinated efforts of the U.S.
Persistent Tracking: Vital to Safeguard Shipping in Dark Seas
The ever-worsening geopolitical situation is creating unprecedented challenges for the shipping sector and wider supply chain.An expanding shadow fleet, openly undertaking illegal Ship-To-Ship (STS) transfers of Russian oil and Liquified Natural Gas (LNG), has compounded the longer-standing dark shipping problem that has emerged as a result of illegal activity (people, arms, drugs, contraband and fish smuggling), which not only threatens national security, but also the safety of vessels and heightens concerns regarding environmental disaster and supply chain disruption.In response…
First Vessel Arrives at Freeport LNG Plant Since 2022 Fire
The first liquefied natural gas (LNG) vessel arrived on Friday at Freeport LNG's long-idled export plant in Texas since the facility shut in a fire in June last year, according to ship tracking data from Refinitiv.The vessel Kmarin Diamond is operated by a unit of oil major BP, one of Freeport's big customers, according to several vessel tracking services.News of the vessel's arrival helped boost U.S. natural gas futures by over 5% in post-settlement trade on Friday as the second biggest U.S. LNG export plant will consume a lot of gas once it starts production again.The contract had closed at a 25-month low earlier in the week due mostly to mild weather and low heating demand.Freeport has said it would soon start sending gas to one of the plant's three liquefaction trains…
Maersk Line Implements BigOceanData Vessel Tracking
BigOceanData and Maersk Line have entered into a two-year agreement whereby BigOceanData will deliver vessel tracking services to Maersk Line. The initial system went live on August 1, 2016 and is already in use in operation centers around the world on both desktop and mobile devices. BigOceanData is now working with Maersk Line to optimize the vessel tracking system for their in-house systems. BigOceanData is initially being used to track Maersk Line’s fleet, a total of approximately 630 owned and chartered vessels…
Port Vision to Supply TerminalSmart to Sunoco
PortVision to provide Sunoco Logistics with TerminalSmart dock management system and vessel-tracking services software. PortVision® has signed a three-year agreement with Sunoco Logistics to provide the company with its TerminalSmart platform, which integrates dock management, scheduling, reporting and analytics with the PortVision Automatic Identification System (AIS)-based vessel tracking services. TerminalSmart is the industrys first web-based service platform that integrates vessel tracking, dock management, and analysis in a single, convenient operational dashboard for marine terminal operators. TerminalSmart supports dock scheduling, comprehensive dock activity logging, and business intelligence reporting.
AWT: First Service Using Global AIS for Accurate Vessel Monitoring
AWT Launches First Service Using Global Automatic Identification System for Accurate Vessel Monitoring. AWT Global AIS Service Expands Coverage to Include Terrestrial Data and Satellite Data. SUNNYVALE, Calif., September 13, 2011 – Applied Weather Technology, Inc. (AWT) today announced the launch of its global Automatic Identification System (AIS) service, AWT Global AIS. AWT is the first in its market to provide this innovative service, using satellite data to more accurately monitor vessels beyond coastal regions on a global scale.
