Bulgarian city Burgas, the starting point of Transbalkan pipeline is to be put into operation by the end of 2012. The project will create a new route making it possible to transport Russian and Caspian oil from Russian ports of the Black sea to the port of Burgas and then by oil products to the Greek port of -Alexandroupolis for further transshipment to tankers carrying it to the global markets.
Tankers of B-series are designed for transshipment of crude oil. All of them have the length of 274 meters, breadth – 48 meters, draft – 17 meters, speed – 15.1 knots. The supervision is carried out by Lloyd's Register.
Novorossiysk Shipping Company is the largest Russian shipping company in the Black Sea. The company’s fleet totals 53 up-to-date vessels aggregating 4.14 mln deadweight tonnes. The fleet’s average age is 6.3 years.