Saudi Arabia Launches First Floating Storage Unit for Marine Fuel
The Saudi Ports Authority (Mawani) and Minerva Saudi Arabia have launched the first floating storage unit (FSU) for marine fuel at Jeddah Islamic Port, with a capacity of 113,000 cubic metres. This is a major step toward the development of the Saudi maritime sector and enhancing its operational and logistical capabilities. A Saudi Press Agency stated that the aim of the project is to strengthen the Kingdom’s maritime economy, aligning with the objectives of the National Transport and Logistics Strategy under Saudi Vision 2030. The FSU is equipped to store three main types of marine fuel: very low sulfur fuel oil (VLSFO), high sulfur fuel oil (HSFO), and marine gas oil (MGO).
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