Minerva Saudi, part of Minerva Bunkering which is a 100-percent-owned subsidiary of Mercuria Energy Group, has announced their deployment of a
Minerva Saudi, part of Minerva Bunkering which is a 100-percent-owned subsidiary of Mercuria Energy Group, has announced their deployment of a 113,000 cubic meter Floating Storage Unit (FSU) at the Jeddah Islamic Port, Saudi Arabia.
The FSU greatly enhances the efficiency of the Red Sea marine fuels supply chain, from bulk cargo sourcing and blending to bunker tanker loadings and delivery to oceangoing vessels for their final consumption, and the activation of a bonded customs zone encompassing the FSU enables the seamless clearance of imports and exports of the bunkers.
The company mentions that the FSU stores all three principal grades
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