{"id":83590,"date":"2025-01-08T00:00:00","date_gmt":"2025-01-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/08\/south-sudan-to-restart-flow-of-crude-to-port-sudan-after-sudan-lifts-force-majeure\/"},"modified":"2025-01-08T00:00:00","modified_gmt":"2025-01-08T00:00:00","slug":"south-sudan-to-restart-flow-of-crude-to-port-sudan-after-sudan-lifts-force-majeure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/08\/south-sudan-to-restart-flow-of-crude-to-port-sudan-after-sudan-lifts-force-majeure\/","title":{"rendered":"South Sudan to restart flow of crude to Port Sudan after Sudan lifts force majeure"},"content":{"rendered":"

Sudan removes force majeure on oil shipments to Port Sudan: <\/strong>Sudan has removed a 10-month force majeure on the transport of crude oil from South Sudan to a port on the Red Sea amid improving security conditions, Reuters<\/a> reported earlier this week, citing a letter from Sudan\u2019s Energy and Petroleum Minister Mohiedienn Saied to his counterpart in South Sudan Puot Kang Chol. The nation had halted crude transportation through the main pipeline, the Petrodar pipeline, linking the two neighbours last March. The decision comes after Sudan formed a new security agreement with Juba and Sudanese pipeline operator BAPCO. South Sudan offered crude cargoes for delivery in January to contracted traders via a tender last month, according to an email seen by the newswire.<\/p>\n

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Background:<\/strong> South Sudan was pumping some 150k bpd through Sudan for export prior to the forced majeure. The Petrodar pipeline runs some 1.5k km from South Sudan\u2019s upper Nile state, Melut Basin, to Sudan's Red Sea coast, Port Sudan. It was established by a consortium including Malaysia\u2019s Petronas and China\u2019s Sinopec and CNPC.<\/p>\n

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Container shipping rates from Asia to the US West Coast increased by 50% as of 1 <\/strong>January<\/strong>, jumping to USD 6k per 40-ft container, up from around USD 4k a month prior, Bloomberg<\/a> reports, citing data from Oslo-based freight platform Xeneta. Shipping rates from Asia to the US East Coast spiked 31% m-o-m to reach USD 7.1k per 40-ft container. Rates are on the rise amid growing concerns over potential US tariffs<\/a> and port strikes<\/a>, which threaten to halt operations at entry points responsible for nearly half the country\u2019s seaborne trade.<\/p>\n

Looking ahead:<\/strong> \u201c2024 was an extremely challenging year for shippers and life isn\u2019t getting any easier as we head into 2025,\u201d Xeneta senior shipping analyst Emily Stausb\u00f8ll told the news outlet. The market is therefore constricting amid \u201ca lot of uncertainty,\u201d Stausb\u00f8ll added.<\/p>\n

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