BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Shipping

North Sea Brent cargo arbed to US as loadings down 76,626 b/d in previous week

Crude Oil | Refined Products | Shipping | Marine Fuels | Tankers

IMO 2020: Evolution of the refining landscape

Shipping

Platts Dirty Tankerwire

Oil | Refined Products | Fuel Oil | Shipping | Dry Freight | Marine Fuels | Tankers

Mediterranean Bunker Fuel Conference, 7th Annual

Metals

Amerigo posts record copper, molybdenum output in 2018 after Cauquenes expansion

North Sea Brent cargo arbed to US as loadings down 76,626 b/d in previous week

London — The UK's Sullom Voe terminal loaded one cargo of Brent Blend crude bound for the US in the week to Tuesday, the Shetland Islands Council said Thursday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The total Brent Blend loaded was 99,470 mt, a 755,773-barrel cargo, or an average 107,968 b/d, larger than the typical Brent blend cargo of a total 600,000 b/d.

This was down 70,595 mt or 76,626 b/d from the two cargoes totalling 170,065 mt that loaded in the previous week.

The Cape Bellavista loaded its cargo of Brent Blend on June 16, bound for Portland, on the US Atlantic Coast.

Article Continues below...

Suncor fixed an Aframax to load in the North Sea June 15, for a trans-Atlantic voyage, according to shipping reports earlier in June.

A Suncor crude trader confirmed the fixture, but declined to comment further.

"Our assumption is that it will go to Portland and on to Suncor's Montreal refinery," a trader said at the time.

Suncor's 137,000 b/d Montreal refinery has access to crude imports via a rail terminal and the Portland-Montreal pipeline.

Brent blend has been shipped to the US Atlantic Coast twice in the last five years prior to the Cape Bellavista, both occasions in 2014 to Portland, Maine.

The economics of the move were unclear, with little movement of North Sea crude to the US Atlantic Coast this year, despite a brief flurry of fixtures in January when the US benchmark, WTI, flipped to a premium over ICE Brent crude.

Meanwhile, there were no ship-to-ship transfers or Clair loadings at Sullom Voe in the previous week.

Brent Blend and Clair load from Sullom Voe.

--Erduan Reid, erduan.reid@platts.com
--Edited by Jonathan Fox, jonathan.fox@spglobal.com