Aramco Trading Company, a subsidiary of Saudi Arabia's state oil entity, has begun commercial bunkering operations at the Yanbu Industrial Port on the kingdom's Red Sea coast.
Bunkering refers to the supply of fuel for tankers and ships, which is providedby dedicated vessels.
ATC, which trades in refined products and blending components, will begin bunkering on the western coast in collaboration with Saudi Arabia's energy ministry, customs authority and the ports authority, it said in a statement on Tuesday. Yanbu port is located southeast of the Suez Canal, which is a critical chokepoint in the transport and sale of seaborne crude.
“ATC intends to offer a world-class bunker supply service, adopting industry best practices to ensure a safe, reliable and competitive package to shipowners in one of the world’s busiest sea routes," said Ibrahim Al Buainain, chief executive of ATC.
The company has commissioned MT Halki, a 6,000-deadweight tonnage barge that is equipped with mass flow meters, which measure the volume of product dispensed from the carrier.
The vessel's first delivery was for 1,600 tonnes of very low sulphur fuel oil to MT Lake Trout.
The International Maritime Organisation has mandated bunkering vessels to abide by its regulations on capping polluting sulphur content released into the world's oceans.
The storage and blending facilities maintained by ATC at Yanbu have the capacity to meet up to 150,000 metric tonnes of bunkering needs on a monthly basis.
The company has the potential to upscale if needed, it added.
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Who has been sanctioned?
Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.
Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.
Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.
Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.
What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
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It provided services to around 200 ports across 50 countries.
They also provide port chaplains to help them deliver professional welfare services.
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Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets.
Killing of Qassem Suleimani
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Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
Quick facts on cancer
- Cancer is the second-leading cause of death worldwide, after cardiovascular diseases
- About one in five men and one in six women will develop cancer in their lifetime
- By 2040, global cancer cases are on track to reach 30 million
- 70 per cent of cancer deaths occur in low and middle-income countries
- This rate is expected to increase to 75 per cent by 2030
- At least one third of common cancers are preventable
- Genetic mutations play a role in 5 per cent to 10 per cent of cancers
- Up to 3.7 million lives could be saved annually by implementing the right health
strategies
- The total annual economic cost of cancer is $1.16 trillion
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