• 2021 January 22 14:07

    Petersburg Oil Terminal in 2020 increased shipments of oil products by 16.6%

    POT’s share in transshipment of oil products via Big Port St. Petersburg rose from 79.9% to 80.4% in 2020

    Petersburg Oil Terminal JSC has summarized the results of 2020, the year when the oil market and the global economy faced a worldwide crisis. Despite all the challenges, the terminal managed to increase its throughput by by 16.6%, to 9.2 million tonnes, POT says in a press release.

    Dark oil products (mainly fuel oil) make the bulk of the throughput – 5.6 million tonnes, up 14%, year-on-year. Handling of light oil products (kerosene and diesel fuel) totaled 3.5 million tonnes, 22% more than in the previous year. Most of oil products were delivered by railway (84.8%). The share of deliveries by river decreased by 3.4% to 4.6% of the total volume while road transport delivered 10.6% of all oil products.

    It was the second half of the year that show the highest growth. According to Mikhail Skigin, Chairman of POT BoD, the growth should be mainly attributed to warm winter of 2019-2020 when Russian terminals on the Baltic Sea could boost their shipments. In general, the recent year featured high turbulence in the oil market and the segment of handling in particular, he says.

    “The worst forecast has proved wrong but the year of 2020 was a test of oil industry’s strength. Most of the year we were in the dark but the company’s cooperation with Russian Railways and active work of its management helped optimize the inbound and outbound logistics. In the result, handling volumes have turned positive. Unfortunately, the year of 2021 does not inspire a lot of confidence so far with everybody’s moral readiness for the crisis being the only positive factor. It should be taken into consideration that the pandemic is still on the rise. The largest economies of Europe are just toughening the prevention measures while the demand for oil products has not recovered. That does not mean that fuel exports will anyway decrease but the year is certainly going to be turbulent”, - comments Mikhail Skigin.

    Among the main achievements of the year Mikhail Skigin mentioned the progress in reconstruction of Petersburg Oil Terminal's “old” part where the obsolete equipment of the soviet period will be replaced with a modern environmentally friendly facility for handling of oil products. The construction is to begin before the year end.

    Besides, in 2020 POT obtained a certificate of compliance with ISO 14001:2015 “Environmental Management System” and conducted some ecological activities including stocking of fish in the Gulf of Finland and planting of oaks within the terminal territory. Among other notable achievements are successfully held large-scale OSR and firefighting exercises.

    Amid the challenging pandemic situation, the company managed to shift to a new regime of operation within a short period of time: office personnel was moved to remote work, other employees were provided with individual protective means while common areas are being thoroughly sanitized.

    The terminal also supplied individual protective means and sanitizers to medical institutions of the Kirovsky District and participated in supply of medical equipment to the Botkin Clinical Hospital for the Infectious Diseases.

    Petersburg Oil Terminal is one of Russia’s terminals for transshipment of oil products in the Baltic Region. It is an advanced transshipment facility and one of the largest stevedoring companies of Big Port St. Petersburg. POT offers a hi-tech acceptance of oil products delivered by railway, river and road transport as well as shipment of oil products by road transport, sea-going ships and bunkering vessels. The terminal established in 1995 covers the area of 37 hectares and numbers 37 tanks for light and dark oil products. Its annual capacity is 10 million tonnes. In 2020, POT shipped over 9.2 million tonnes of oil products.

2021 February 26

18:14 CADMATIC issued a certificate to ASCO's SRI Caspian Sea Project
17:56 Fincantieri and OCCAR to sign the contract for the construction of 2 new-generation submarines
17:38 IBIA announces the result of 2021 board elections
17:16 LNG-powered short-sea vessel Containerships Borealis makes first call to the port of Rotterdam
16:53 Volga Shipping Company opens river navigation season in the South of Russia
16:31 Port of Melbourne awards rail infrastructure contracts
16:25 ABS publishes guidance on methanol as marine fuel
16:05 Port of Corpus Christi and Port of Rotterdam sign MoU
15:48 Container giant MSC to open new depot in North Sea Port
15:05 Rosmorport announces changing of Dickson seaport boundaries
14:43 Corvette Stoyky and tanker Kola of RF Navy's Baltic Fleet started anti-piracy watch in the Gulf of Aden
14:19 PortNews offers new edition of its Hydrotechnika magazine
13:30 New edition of PortNews magazine is available now
12:14 CMA CGM to dedicate six new LNG-powered vessels to U.S. services
11:42 CPC system to transport 67.5 mln tons of crude oil in 2021
11:18 MPA awards LNG bunker supplier licence to Total Marine Fuels Private Limited
11:04 Wärtsilä and Ocean Technologies Group partner to deliver transformational learning solutions to improve safety and efficiency at sea
10:45 MABUX: Bunker market this morning, Feb 26, 2021
10:39 Car carrier Orca Ace earns ClassNK's 1st remote survey notation
10:36 Port of Baku Director General held online meeting with members of American-Azerbaijani Chamber of Commerce
10:14 Port of Gdynia welcomes largest single delivery of wind turbine propeller blades in Polish history
09:51 Bunker prices continue rising at the Port of Saint-Petersburg, Russia (graph)
09:32 Oil prices decrease amid dollar rise
09:18 Baltic Dry Index as of February 26

2021 February 25

20:19 Bunker Weekly Outlook, Week 08, 2021
18:37 Port of Oakland boss appointed CAPA Vice President
18:07 Port of Los Angeles announces launch of new ‘Control Tower’ data tool for tracking cargo
17:53 Admiral Nevelskoy ferry leaves Saint-Petersburg for Sakhalin
17:49 BPA reports lowest passenger numbers in 60 years
17:42 Finnlines Plc issues its Financial Statements 2020 and Financial Review for 2020
17:34 Cutting restrictive trade policies could boost global economic recovery from COVID-19 by 3.4%
17:31 ECSA: European shipping is central to the success of EU's new trade strategy
17:20 APM Terminals Algeciras reaches all employees with a safety campaign
16:58 Tallink Grupp reports net loss of EUR 108.3 million for pandemic year 2020
16:41 Terms of references for Klaipeda Seaport's Southern part development to be prepared by American specialists
16:19 BPO’s comprehensive ports report published today
16:15 Hiab to supply MV Commercial with 100 HIAB loader cranes
15:45 Rolls-Royce secures UK MOD funding for innovative technology to support naval autonomy
14:50 Consequences of COVID pandemic affect the Port of Hamburg’s 2020 throughput
14:25 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:13 Nevsky Shipyard delivers Pola Gali, yet another ship of Project RSD59
13:07 DNV GL joins smart maritime network to enhance industry cooperation on digitalization
12:10 ClassNK grants its first remote survey notation for PCC ORCA ACE
11:32 NOVATEK and Shenergy Group sign SPA for LNG from Arctic LNG 2
11:04 “K”Line commences technical management of Singapore’s first LNG bunkering vessel “FUELNG BELLINA”
10:33 Telemar wins 50-vessel service and maintenance contract with Fairplay Towage group
10:21 MABUX: Bunker market this morning, Feb 25, 2021
10:13 BC Ferries releases its third quarter results
09:59 CMA CGM implements FAK rates from the Mediterranean, Adriatic, North Africa & Black Sea to the Indian Subcontinent
09:50 BC Ferries' fifth battery hybrid-electric vessel launched
09:28 Oil market sees mixed price movements
09:12 Baltic Dry Index as of February 24

2021 February 24

18:06 Parkwind selects DEME Offshore for foundation EPCI contract at Arcadis Ost I
17:47 Ministry of Transport of Dagestan looks into organizing sea cruise tourism in Caspian Sea
17:26 ABS to class first ever Jones Act wind turbine installation vessel
17:16 Yangtze River Protection Law will come into force on 1st March, 2021
16:59 Admiral Kasatonov frigate of RF Navy’s Northern Fleet performs long range campaign tasks in Aegean Sea
16:28 Port of Antwerp deploys autonomous drones for safety enforcement
16:15 DFDS aims for greener ferries from alternative fuel project
15:51 Mordraga supports 4th International Congress “Hydraulic Engineering Structures and Dredging” as its Sponsor