Colonial Pipeline Update/Status (Pilot Fly J)
May 10th, 2021 by loren
Overview
- Ransomware attack on Colonial Pipeline- all pump stations offline
- DarkSide – Ransomware for hire company believed to be responsible for attack
- FireEye – Cybersecurity company believed to be responding
- Manual override seems unlikely, heavily dependent on digitized systems
- If not back in 2-3 days, 1 week+ of downtime expected as backups would assumed to be compromised, as well
Supply
- Current Outages/Shutdowns reported
- All Colonial Pipeline terminals are down
- Chattanooga
- Fredericksburg
- Charlotte
- Bainbridge MO – no products
- All Colonial Pipeline terminals are down
DSL:
- Expect contracts to be cut, mostly relying on Pilot Company Inventory, our assets and own tanker fleet
- Daily allocation contracts prioritization, “use it or lose it”
- Charlotte and Nashville are focus markets
- Focus on ability to supply from port cities
Logistics/Transportation
- Inventories look good at this time with no outage concerns
- Focus Markets – Nashville and Charlotte are areas of concern after 2-3 days
- Added tanker fleet drivers this weekend in Nashville/Charlotte markets
- Adding tanker floaters in Nashville and Charlotte markets