The first oil shipment from Iran’s floating oil storage unit (FSU), Khalij-e-Fars has recently just been completed, according to the Iranian Offshore Oil Company (IOOC).
The transfer of oil from the FSU began on the morning of February 8th to the KAI-EI, a very large crude carrier (VLCC) owned by Japanese firm, Kyoei Tanker Company.
The Khalij-e-Fars is a converted VLCC has a capacity of 2.2 million barrels, is 337 meters long, 60 meters wide and has 21 storage tanks.
The 50,000 gross ton vessel was installed last year and will replace the Surena FSU which was previously Iran’s largest offshore oil terminal servicing the Soroush and Nowruz oil fields.
The IOOC says the vessel has an export capacity of 1 million barrels per day which will likely serve Japanese, Chinese and Indian customers.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
President Donald Trump said Tuesday he has directed the U.S. government to provide political risk insurance and financial guarantees for maritime trade transiting the Persian Gulf, while signaling that U.S....
A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect American oil next month.
VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the 2011-built DHT Redwood — one of the highest publicly disclosed fixtures of...
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
