The Pétrocab company should receive a second South Korean-made tank in the coming months. The oil cabotage company has just placed an order for an oil tanker after the success of a first delivery at the end of 2022.
It is with the same company that Pétrocab, an oil cabotage company, dedicated to serving Moroccan ports including an import and export activity, placed an order for a new vessel. This is the shipbuilder Dae Sun Shipbuilding & Engineering which was contacted for the construction of a new tanker.
Representatives of the South Korean company met with their Moroccan clients on site on May 28, in the presence of the South Korean ambassador to Morocco, Yoon Yeonjean, and the former director general of the ANP, Nadia. Laraki.
The novelty in this order is that the South Korean would like this time to build the ship on site in Morocco, instead of assembling it in South Korea and delivering it as for the first order.
Thus, he would like to import it in spare parts and assemble it at the Casablanca shipyard, unlike the Challah tanker, delivered in 2023. When this delivery is effective, Morocco’s commercial fleet will be increased to 16 ships and the fleet of 5-ship oil tankers, accompanied by a total hydrocarbon transport capacity of more than 30,000 tonnes.
The Challah, named in reference to one of the oldest historical sites in the Kingdom, received in Morocco in 2023, is a “handy size” tanker of 9,000 dwt (deadweight tons) which cost $20 million .
It is used today by several oil companies in Morocco including Vivo Energy Maroc (Shell), Libya Oil Maroc, Total Maroc, and includes other shareholders on the Board of Directors, including Société Nationale des Produits Pétroliers (SNPP), Pétrole of the Maghreb (Petrom), and the Moroccan Hydrocarbon Company (CMH).
With a new tanker, Morocco is strengthening its oil fleet which should play a strategic and leading role in the distribution of petroleum products throughout the country.
In addition, Petrocab could potentially position itself for one of the major projects, namely the next port of Nador West Med, which will place petroleum products at the heart of its strategy.
Equipped with 3 million containers, it will also be able to process 25 million tonnes of hydrocarbons, thus being able to offer storage silos for national fuel distributors and also serve international oil transporters thanks to its strategic position.
