Companies will work together to expand Shell Marine’s lubricants and services business in the Netherlands, serving shipowners, operators and other local customers.
Appointment comes as the company seeks to strengthen its marine fuels trading presence in the Middle East and other markets.
LBM swings to $43-48/mt premiums over LNG in Rotterdam; potential pooling value of LBM’s surplus drops $53-62/mt; LSMGO undercuts LNG and LBM in Rotterdam.
MPA is investigating the source of the oil after its aerial surveillance confirmed several patches of oil off Pulau Sebarok, Pulau Semakau and Selat Pauh.
Sharp rise primarily driven by higher profit contribution from the firm’s core resale business and certain physical locations, which continue to benefit from increased bunker fuel prices and global supply dynamics.
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S, KPI OceanConnect, NSI Marine and Transparensea Fuels.
Strong bunker demand in New York; HSFO supply tightens in Vancouver; LSMGO unavailable in Rio Grande.
MPA-led work group updates port authorities on emergency protocol guidelines being developed to strengthen preparedness for incidents involving alternative maritime fuels.
Hundreds of people permanently living aboard a touring cruise ship, “Villa Vie Odyssey”, were reportedly forced to disembark in Cambodia this week.