World News
"No Leaks" After Tanker Crashes Into New Cyprus Jetty
A bunker tanker last week collided with a jetty in Cyrpus after unloading its cargo of gasoil, local media reports.
"No oil leaks or injuries have been incurred by the incident," said VTT Vasiliko Ltd. (VTTV), who received the cargo.
The tanker is said to have crashed into the new jetty at Vassilikos port, damaging part of the jetty's trestle, during bad weather.
The loading jetty was only opened for use in November 2014 and is part of a 28-tank fuel storage facility with a capacity of 540,000 cubic metres.
The jetty's oil pipelines were said to have been left undamaged in the incident, but "full evaluation of the damage will be carried out once weather conditions allow," said the company.
The tanker is understood to have sustained only minor damage.
According to the report, plans for a Liquefid Natural Gas (LNG) terminal at the port have been tabled but are currently on hold.
In 2013, VTTI B.V., parent of VTTV has said it had plans to make the Vassilikos facility an energy hub for the Mediterranean-Black Sea region.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
Popular Now More
-
Apr 19The firm has chartered the 7,994 DWT barge Margherita to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.