First-ever single point mooring successfully commissioned

KARACHI: Byco’s single point mooring (SPM) facility set up on the coast of Arabian Sea at a distance of approximately 14km from the Byco’s Mouza Kund site, which was mechanically completed recently, has been commissioned, according to a statement on Tuesday.

With a draft of 25 metres, this facility can accommodate larger size vessels carrying crude / petroleum products of over 100,000 tons, it said.

Crude oil tanker, M T Arietis, successfully completed the discharge of 70,000 tons of crude oil, marking the commissioning of the recently established deep sea Byco single point mooring.

The discharge rate peaked at 2,380 tons per hour and averaged over 2,000 tons per hour, enabling emptying the first cargo of 70,000 tons in 39 hours as per the planned schedule, it said.

This compares favourably to the discharge rates of 1,500-1,600 tons per hour Byco experienced at Fotco, Port Qasim. Future target is achieving discharging timelines of 36 hours, according to the statement. There is also a saving of half a day sailing time as compared to Port Qasim.

Imran Farookhi, chief executive officer of Byco Terminals Pakistan Ltd, the company that owns and operates the SPM said, “With the blessings of the Almighty Allah, we have successfully commissioned the country’s first SPM.

Posted in: Business news