Marine & Shipping
Trakman Marine & Shipping Limited is one of the subsidiaries of Global Warehouse Investments Limited which is the parent company of Stalwart Oil Industrials Limited. The Company was established as a shipping company on the 5th of April, 2016.
It is incorporated as a petroleum product freighting company and fully licensed by Department of Petroleum Products (DPR) to engage in other maritime freights with full permit. It is also licensed by the Ghana Ports Authority to carry out maritime duties
This storage facility is strategically located in Takoradi with business initiatives to capture the Southern and South–Western markets of the Ghana downstream sector and to equalize the associated pressures often experienced by marketers in the marketing and distribution of petroleum products especially from Tema to other parts of the country.
The depot is therefore strategically located outside the existing pipeline network of WAPC to ensure uninterrupted product supply to these regions of the country and to provide world-class storage and off-loading services to both government and the general public.
The construction and building plans of the facility are of API 650 Standards and have received State- of- the Art commendation from the Department of Petroleum Resources.
Below are among other features of the facilities:
STORAGE CAPACITY PER PRODUCT LINE
|STORAGE CAPACITY (MT)||60,000||30,000||20,000||10,000||10,000||28,000|
Distribution of products has become a major problem to GNPC and by establishment of this depot; the Stalwart Oil is instrumental to energy supply chain of the economy.
The facility will essentially help in the distribution of petroleum product within the South West, South- South and Eastern region, and also to the Northern part of the country.
Since products are in high demand locally and internationally, non-availability could create crisis within the nation as we have seen in the time past. Stalwart Oil will no doubt alleviate the pressures associated with product movement especially from Takoradi to other locations of the country thereby saving cost of doing business specifically savings from demurrage, STS charges and other ancillary costs.
Bonny Light Crude oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
The very low sulphur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its by-products in refinery effluent.
Other grades of Nigerian crude oil are Qua Iboe crude oil, Brass River crude oil, and Forcados crude oil. The Cabinda crude oil is a common grade of crude oil produced in Angola. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income generation from the oil rich nation.
Low pour fuel oils (LPFO) are products derived from crude oils with the major components being residuals or bottoms from petroleum refining operations. At times, the residuals are blended with gas oil and light fuel oil to improve its atomizing capability in burners. The chemical nature of LPFO is quite complex and depends on the source of crude oil as well as the refining process employed in producing the fuel oil.
We pride ourselves on our historical growth as a company and our determination to build an Oil and Gas company within South Saharan Africa that has the desires of the indigenous people within the countries we operate within at heart. We are the company that focuses on the interest of the people within the countries whose natural resources we explore and develop. We build to serve the communities we benefit financially from during a successful development lifecycle.
Our midstream operations include providing transportations services in the delivery chain of the oil and gas sector. We also work with our partners to provide bulk oil storage and refining of crude through systemic and affordable procedures for delivery of crude and the refining of it into finish product for distribution to consumers. We are currently establishing partnerships with international oil marketing companies to provide wholesale marketing of crude or refined petroleum products to demanding sectors of the African continent.