FSO ASIA
Course/Position
Navigational status:
Restricted movement
Course:
37.0° / -4.0
Heading:
287.0° / -4.0
Status:
moored
Location:
Al Shaheen Offshore Terminal (Al Shaheen Offshore - FSO Asia)
Area:
Persian Gulf
Last seen:
2026-11-08
2 hours ago
2 hours ago
Source:
T-AIS
Latest ports
Latest Waypoints
Latest news
Oman to Operate Floating Crude Oil Storage Vessel FSO Asia
April 28 (Reuters) – Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said on Tuesday. The storage will increase monthly trade volumes on the DME by 2 million barrels and help curb price volatility, they said. OTTCO, majority owned by the Oman Oil Company (OOC), will lease storage space onboard a Very Large Crude Carrier, via a tender process to four companies for a year, they said. Each company will have space to store one cargo, or 500,000 barrels.
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