Massive explosions in north China’s Tianjin port have suspended sea traffic in the nearby area but have not damaged oil facilities at the port, a source from the port who is responsible for oil loading and offloading told Platts Thursday. The blasts occurred in a warehouse storing dangerous and chemical goods in the port area of the city at midnight, local media reported. “Vessel movement along the sea route in Tianjin was suspended by the Maritime Safety Administration… Oil vessels are not allowed to enter or leave the port due to safety reasons,” the source said. “But our facilities are safe and in good condition as they are a few kilometers away from the blasts, which allows normal discharging or loading of crude and oil products.” The source said that vessel movement was expected to return to normal this afternoon. Article continues below… Dirty Tankerwire delivers the most important […]