Reasons for inviting a bunker surveyor by a charterer are different, but the end purpose can be only one - to exclude losses because fuel oil expenses are a significant part of a charterer’s budget. In the following article, survey specialist Bunker Protection explains types of surveys and what to keep in mind when in […]
August 15, 2014 | Posted in
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Workers in the international offshore oil and gas sector gathered in Australia to discuss the ongoing issues in the global trade. Maritime Union of Australia Deputy National Secretary Mick Doleman, who chaired the meeting, said that the industry was an enormous money-spinner, worth USD 200 billion in coming years in Australia alone. “This means the employers […]
Following a year of blockades by armed protests, the first shipment of crude oil was loaded aboard an oil tanker and departed Libya’s Ras Lanuf oil terminal on Tuesday evening, Libya’s National Oil Corporation (NOC) said. As reported by Reuters, the tanker Gemini Sun was chartered by Austrian energy group OMV and was sailing towards […]
The Norwegian Government has decided to back the restrictive measures against Russia, according to the Norwegian Foreign Affairs Ministry. “Norway has since the start of the crisis in Ukraine stood together with the EU and neighboring countries in our reactions to Russia’s violation of the international law. We will do the same this time,” says […]
Greek oil tanker MT Fair Artemis, hijacked by pirates off Ghana’s waters in June this year, has finally berthed at the Takoradi Port to offload oil, according to the Director-General of the Ghana Ports and Harbours Authority (GPHA), Mr. Richard Anamoo. He said the pirates siphoned 3,500 metric tonnes of crude oil from the Liberia-flagged […]
August 11, 2014 | Posted in
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The Kurdistan Regional Government (KRG) of Iraq asked a U.S. court on Monday to dismiss seizure order of 1 million barrels of disputed crude oil and allow the cargo to be freely delivered in Texas, Reuters reports. The idle United Kalavrvta pending unloading amid cargo ownership dispute has clocked up nine days anchored off […]
The Kiribati-flagged oil tanker MT Hai Soon 6 carrying 21 sailors, which had been hijacked off Ghana a week ago, was released on Sunday in waters off Nigeria, Seoul’s Foreign Ministry said. Besides cargo officer Yeo Eu Loone, 38, there were 12 Chinese, six Myanmar nationals and two Koreans in the crew, according to the Ministry. […]
August 4, 2014 | Posted in
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Chemicals firm LyondellBasell has been revealed by Reuters as the mystery American buyer of Kurdish crude oil this year. “We have canceled further purchases and will not accept delivery of any of the affected crude until the matter is appropriately resolved,” the company told Reuters. The company confirmed that it had purchased modest amounts […]
Sales of Russia’s crude oil, petroleum products, and natural gas accounted for 68% of Russia’s total export revenues in 2013, based on data from Russia’s Federal Customs Service. “Russia received almost four times as much revenue from exports of crude oil and petroleum products as from natural gas. Crude oil exports alone were greater […]
July 31, 2014 | Posted in
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Oil spill response exercises were conducted July 17-18 at exploration well No 3 of North-Dolginskoye oil field drilled by semi-submersible jackup drilling rig GSP Saturn on the continental shelf of Russia in the Pechora Sea, Russian Marine Emergency Rescue Service (Gosmorspassluzhba) said. The oil spill response team was membered among others by multipurpose salvage […]
