Our terminals are a cornerstone in securing a consistent revenue stream and significantly enhancing our logistical capabilities for transporting and exporting refined petroleum products. With an estimated annual capacity of handling up to 30 million tons of oil—20 million tons of black oil products and 10 million tons of light oil products—our terminals stand out for their ability to seamlessly manage the separate transshipment of three distinct types of light oil and three types of black oil products.
We recognize the enduring importance of energy transportation in fulfilling society’s energy demands. Our mission is to streamline this critical process, ensuring the uninterrupted flow of energy resources. Together with our trusted partners, we play an essential role in transporting refined oil products across the globe, fueling vehicles, heating homes, and contributing to everyday essentials like clothing, mobile phones, and toys.
With a fleet of over 161 product tanker vessels across five segments—Intermediate, Handy, MR, LR2, and Aframax—we, alongside our partners, own 80 vessels, charter 23, and strategically manage an additional 58. This extensive fleet enables us to efficiently serve the global energy supply chain, facilitating the movement of vital resources that power modern life.
Active Logistics, LLC operates a fleet of crude oil tankers that play a crucial role in the transportation of refined products from refineries to our storage tanks. These tankers complement other modes of transportation, including pipelines and heavy vessels. Our tanker fleet encompasses a range of vessel sizes, from small General Purpose tankers, typically carrying between 10,000 to 25,000 tons, designed for the transport of refined products.
In addition to General Purpose tankers, we also utilize Large Range and Very Large Crude Carriers (VLCC) for international crude oil trade. The selection of tanker size for each trade route depends on the vessel’s length, loaded depth, and the capacity of the loading and unloading ports. Generally, larger ships are employed to optimize the cost of transporting each barrel of crude oil.
As of 2019, the global tanker fleet consisted of 4,186 vessels with a combined carrying capacity of 358.8 million deadweight tons (dwt). Notably, 84% of the tanker fleet was under the ownership of independent tanker companies, with an average fleet age of 11.9 years. Additionally, 68% of the vessels in operation were double-hulled ships, reflecting a commitment to safety and environmental standards in the industry.