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Kazakh state-owned shipping firm Kazmortransflot is to shut oil berths 4 and 5 at the Caspian port of Aktau for seven to eight months of maintenance work from 1 April.
Oil loadings are expected to fall to around 30pc of capacity, or 150,000-160,000 t/month as a result. Throughputs at the port totalled 5.55mn last year, and hit 427,000t in January. Kazmortransflot aims to offset the cuts by increasing crude and products through other Caspian ports and routes.
It will use three 4,400-5.300t tankers leased under time-charter terms from Russian shipping company Volgotanker to boost shipments from other outlets. "Vessels will be leased to Kazakhstan for six …