• 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 March 7

16:14 Vard Marine announces change in Vice President of Ottawa operations
14:27 VOS Singapore delivers MWV Falgout to end client
13:41 USCG concludes monitoring diesel fuel clean-up near Sitka, Alaska
12:53 Seaspan acquires two 15,000 TEU containerships on long-term charters
11:36 Trelleborg acquires leading supplier of composite hoses
10:54 Vard Marine secures a new contract for the design of an amphibious and military sea transport for the Chilean Navy Escotillón IV Program

2021 March 6

18:20 Philly Shipyard begins fabrication on second NSMV
15:08 e5 Lab establishes Marindows Inc.
13:27 New wood-chip carrier for Hokuetsu Corporation delivered
12:31 Saipem and the Norwegian company, Elkem, sign a feasibility study agreement for the decarbonisation business
11:43 TDI-Brooks International, Inc. completes two EBS programs offshore Angola
10:59 Torqeedo and Poseidon announce new, commercial-grade electric drive for passenger ferries.

2021 March 5

18:27 Logimatic signs contract with Hapag-Lloyd for implementation of SERTICA on more than 70 of the largest container vessels
17:39 Ilya Muromets icebreaker to participate in expedition of RF Navy’s Northern Fleet and Russian Geographical Society
17:01 Association of Lithuanian Stevedoring Companies appoints new President
16:37 Keel laying ceremony for ‘Green Jade’ was held at CSBC’s shipyard in Kaohsiung, Taiwan
15:44 Throughput of Port Vysotsky LLC in 2M’2021 fell by 2.1% Y-o-Y
15:22 Throughput of Taganrog port in 2M’2021 climbed by 7% Y-o-Y
14:56 Throughput of port Kavkaz in 2M’2021 rose by 70% Y-o-Y
14:47 IAA PortNews' greetings on the International Women's Day!
14:33 Krasnoye Sormovo to invest RUB 250 million in technical upgrading this year
14:15 HHI Group launches “Hydrogen Project” with Saudi Aramco
13:11 Eco-bonus for sustainable transport to and from the Stockholm region via Ports of Stockholm
12:48 Oboronlogistics to take part in preparation of Strategy for Development of Russia’s Shipbuilding Industry
12:32 ICTSI 2020 net income up 1% to US$101.8mln
12:26 Global Ports Investments announces its operational results and publishes its consolidated financial statements for 2020
12:01 EGS extends rail link Rotterdam-Bavaria
11:31 DNV advises PGE Baltica on setup of a joint venture structure to develop, build and operate two offshore wind plants in the Baltic Sea
11:01 LR completes purchase of C-MAP Commercial from Navico Group
10:45 Shipping company and chief officer convicted for dumping garbage in Great Barrier Reef
10:44 MABUX: Bunker market this morning, Mar 5, 2021
10:40 RS contributes to improvement of STCW audits
10:18 Solstad Offshore announces contracts awards for two subsea construction vessels
10:07 Aker Solutions awarded Åsgard B modification contract
09:44 Bunker prices are stale at the Port of Saint-Petersburg, Russia (graph)
09:27 Oil market sees steady growth of prices
09:10 Baltic Dry Index as of March 4

2021 March 4

18:31 Royal Doeksen takes over Vuyk Engineering Rotterdam from Royal IHC
18:11 A.P. Moller- Maersk to pioneer a first-ever block train from Japan to UK via Trans-Siberian railway
18:03 Bunker Weekly Outlook, Week 09, 2021
17:59 Torqeedo and Poseidon announce new, commercial-grade electric drive for passenger ferries
17:18 Rosmorport obtains approval of Glavgosexpertiza for dredging under project on construction of LNG terminal in Kamchatka
16:44 Nefteflot lays down two survey ships of Project RDB66.62
15:15 Global shipping CO2 emissions decreased 1% in 2020 - Marine Benchmark
14:32 BW Group and Miros launch fuel-saving, emissions-reducing JV
14:05 Zvezda Shipyard lays down seventh Aframax tanker, Academic Ivanter
13:32 IAA PortNews to hold webinar dedicated to Yenisey as one of Siberian waterways on March 17
13:01 APM Terminals Valencia assembles three new Rubber Tyred Gantry cranes
12:03 Expeditionary Survey Boat Hydrograaf named at Damen Shipyards Den Helder
11:46 Roadmap approved for reduction of coal industry’s environmental impact
11:03 DNV supports Hapag-Lloyd’s milestone green financing
10:29 Gazpromneft-Lubricants solidifies the cooperation with FESCO
10:17 DuPont awarded grant from Singapore’s National Water Agency to increase sustainability of desalination for clean water
10:08 Tallink Grupp reports its statistics for February 2021
09:44 MABUX: Bunker market this morning, Mar 04, 2021
09:27 Oil prices continue rising
09:11 Baltic Dry Index as of March 3

2021 March 3

18:20 Star Bulk Carriers announces acquisition of two resale modern high specification Kamsarmax vessels
18:16 Jumbo and SAL intend to form joint venture
17:55 ABS publishes landmark U.S. Offshore Wind Report