1. Home
  2. / Industry
  3. / In Rio de Janeiro, Porto Sudeste Conducts First Double Banking Operation
Location RJ Reading time 2 min of reading

In Rio de Janeiro, Porto Sudeste Conducts First Double Banking Operation

Written by Flavia Marinho
Published on 19/07/2022 at 14:50
Updated on 19/07/2022 at 16:04
rio de janeiro - porto - No Rio de Janeiro, Porto Sudeste realiza primeira operação de double banking
Imagem Porto Sudeste
Be the first to react!
React to this article

The Double Banking Operation Consists of the Transfer Between Moored Vessels, Side by Side, of Crude Oil Produced in Offshore Fields

The Porto Sudeste concluded its first liquid bulk operation (Double Banking) at the terminal on Tuesday (7/12). The transfer of 950MBbl (thousand barrels) of crude oil from the lightering vessel Live Knutsen to the exporter Moscow Spirit lasted about 24 hours. The process was monitored by the Brazilian Navy, the Captaincy of Ports Delegation of Itacuruçá, the Port Authority, and Customs of the Port of Itaguaí.  

“The first operation was successful, efficient, and 100% operationally safe. We already have a pipeline for the coming months. This adds another portfolio of cargoes to the regional landscape, further establishing Porto Sudeste as a multi-cargo terminal. Nationally, it represents another logistics option for the country’s infrastructure. The next step is to increase our operations, making them relevant not only for the state of Rio de Janeiro but for all of Brazil,” commented Fabiana Durant, Liquid Bulk Operations Manager at Porto Sudeste.

Watch the Video Below and Get to Know Porto Sudeste

https://youtu.be/UOOxQSbJwr8

The double banking operation consists of the transfer between moored vessels, side by side, of crude oil produced in offshore fields, ensuring greater efficiency in the transportation of oil that is explored offshore. This avoids long vessel movements, promoting a reduction in operational costs.  

This practice has been gradually growing in Brazil, with an increase in oil production in the country. According to estimates by the Energy Research Company (EPE), national oil production is expected to jump by 53.8% by 2031, rising from 3.36 million barrels/day to 5.17 million. It is predicted that two-thirds of national production will be exported by 2031.

“Porto Sudeste has always been attentive to market movements, and we realized that we had a good opportunity to expand our activities, further boosting port operations in the country. Our location in sheltered waters with low tide variation allows the transshipment operation to be carried out safely, without interference caused by climatic variations,” explained Jayme Nicolato, CEO of Porto Sudeste.  

The terminal is considered one of the most efficient in Brazil, with the necessary infrastructure and specialized professionals to conduct operations with solid and liquid bulk. Currently, Porto Sudeste has the capacity to handle up to 50 million tons. The oil operation will occupy the idle capacity, potentially handling up to 13 million tons/year. Solid bulk, especially iron ore, remains the main activity of Porto Sudeste. 

Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of military, security, industry, oil and gas, energy, shipbuilding, geopolitics, jobs, and courses. Contact flaviacamil@gmail.com or WhatsApp +55 21 973996379 for corrections, editorial suggestions, job vacancy postings, or advertising proposals on our portal.

Share in apps