Tight Oil has saved several refineries from being shuttered. Refineries that were having trouble maintaining margins with expensive crudes (benchmarked against Brent) are finding themselves profitable processing the cheaper domestic crude. Production is exceeding regional demand in many cases. This presents refineries with a new challenge. How do they get the product to markets far from where it is produced? Previously, the primary purpose of refinery docks was to bring in feedstock. This has changed. Docks are now loading product onto tankers and barges more frequently.
This is where PortVision has seen opportunities to drive big efficiency gains. Dock optimization tools help terminals increase utilization and get the most efficient use out of their dock facilities. Through web-based collaboration, all users with a need-to-know have up-to-the-minute information about the supply chain activities at the waterborne terminal. Scheduling, activity logging, and reporting occur in real-time. And better visibility leads to better decision-making across the organization.
If you want to squeeze more utilization out of your docks, PortVision may be able to help. Learn more by watching the video below, or contact us to discuss your specific dock optimization challenges.