02OCT2018 - NEWS - First-Ever Supply of Bunkers by AISSOT in Suez Canal, Egypt

Al-Iraqia  Shipping  Services  &  Oil  Trading  (AISSOT) added  yet  another  feather  to  their  cap  as  they successfully completed their maiden supply of bunkers in Suez Canal, Transshipment Area to vessel LPG/C GAS BEAUTY I on 29TH September 2018. AISSOT bunker barge MT Andros supplied 1500 MTs of FO 380 cSt & 300 MTs of LSMGO meeting ISO:8217-2010 specifications as per MARPOL guidelines.

AISSOT Team received Congratulatory messages from Egyptian Authorities on successful completion of 1st bunker supply of AISSOT in Egyptian Territorial waters.

AISSOT has recently partnered with a local Egyptian Company OMS Energy who have been authorized by Nile Oil Company (a Company under Ministry of Oil, Egypt)
for commencing physical bunker supplies at SUMED berth and Egyptian Territorial Waters.

As about 1200 ships cross Suez Canal every month and as there is a natural waiting period of 12 to 18 hours to cross the channel; provides a good opportunity for the ships to bunker and utilize this waiting period. Currently vessels transiting Suez Canal struggle to obtain bunker fuels at competitive price in the region. Long haul ships must divert to nearby ports to obtain bunkers that too at very high prices. At times long haul ships carry huge quantity of bunkers thereby reducing their freight earning tonnage. With availability of bunkers at Suez, shipowners can maximize cargo and top-up at Suez on their onward voyage.

AISSOT is poised to further develop the  market  with introduction of additional  bunker  barges both for Fuel  Oil & Gasoil and achieve a bunker sales volume of 200,000 MT per month within a span of one year.

In the Picture MT. Andros bunkering LPG/c Gas Beauty

Al-Iraqia Shipping Services & Oil Trading is a joint-venture company of Iraqi Oil Tankers Company (IOTC) & Arab Maritime Petroleum Transport Company (AMPTC) to handle plethora of activities ranging from Trading of petroleum products, Ship chartering, Oil terminals, various Marine services, and Bunkering. AISSOT team has vision to become one of the leading marine fuel suppliers in the middle-east region with additions of new ports besides developing Iraqi ports of Basrah, Khor Al-Zubair and Umm Qasr & Egyptian Ports of Suez Canal Anchorage and other ports of Egypt.

Published by Editor - www.Livebunkers.com at 01-Oct-2018 17:37:40 [UTC] , contact editor at editor@livebunkers.com