Business
Ocean Tankers to return most ships to owners to reduce $540,000 a day cash burn
OTPL’s judicial managers forecast that the company will not have enough cash by early November to manage the 150 vessels in its fleet, reports Reuters.
Business
FLEX Commodities appoints Euwyn Tan as Senior Marine Fuels Trader in Singapore
Tan has experience across the marine fuels, bunkering and shipping markets, with a strong background in trading, procurement, commercial negotiations and developing relationships.
LNG Bunkering
Osaka Gas conducts Osaka Bay’s first STS LNG bunkering operation
Acting through Singapore-based marine fuel trading firm Integr8 Fuels, Osaka Gas supplied LNG bunker fuel to an LNG-fuelled PCTC operated by an overseas shipping company calling at the Port of Kobe.
Bunker Fuel
Bunker Holding, Dan-Bunkering to join USTC units at new Copenhagen hub
Employees from Bunker Holding, Dan-Bunkering, Global Risk Management, CM Biomass, Unit IT, Uni-Tankers, Selfinvest, and USTC will all be based together in a new shared USTC Hub.
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Vessel Arrest2 weeks agoSingapore-flagged tugboat “Kim Heng 3203” placed under Sheriff’s arrest
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Sanctions2 weeks agoUS targets five bunker companies in latest sanctions campaign against Iran
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Interview2 weeks agoChina’s bunker market reshaped by tax rebates, trade flows and refining changes, says economist
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Bunker Claim6 days agoRajah & Tann: Bunker disputes are won in the first 48 hours
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Winding up2 weeks agoHengli Petrochemical’s ex-Singapore trading arm faces winding up application
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Biofuel2 weeks agoReport: GCMD outlines practical approach to quantity assurance in marine biofuel supply chains
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Winding up2 weeks agoSingapore: Notices of annual meeting issued for Vroon Shipping Asia and related firms
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Decarbonisation2 weeks agoNAPA: Why operational efficiency remains shipping’s golden ticket

