Business

Bunker One extends offshore bunkering services to northern Brazil with ‘MT Thornton’

Brazil continues to be of strategic importance to Bunker One, and this expansion is in line with our ambition to strengthen our position in the Americas, said MD.

Published

6 years ago

November 24, 2020

Admin

Danish marine fuel supplier Bunker One on Monday (23 November) announced it has expanded offshore bunkering operations to northern Brazil in line with its strategy and ambition to increase global activities and meet customer requirements.

To provide access to more flexible offshore bunkering solutions, the company said Bunker One (Brazil) has expanded its offshore operation 50 nautical miles from the ITAQUI coastline by adding the tanker MT Thornton to its fleet. The tanker will be supplying VLSFO and LSMGO and is fully equipped for offshore bunkering.

Bunker One stated this new move in Brazil will boost its ambitious growth plans not only for the South American region but globally.

Bunker One first entered Brazil in 2017 and is present in the Port of Rio de Janeiro, where the company has tailor made its operation to meet the specific needs of its customers.

“Brazil continues to be of strategic importance to Bunker One. Expanding our presence to northern Brazil is in line with our ambition to strengthen our position in the Americas,” said Flavio Ribeiro, Managing Director, Bunker One Brazil.

“This region is of vital importance to Brazilian export of commodities, and our presence there will provide our customers with more flexibility in terms of bunkering options on their voyages.

“We listen to our customers’ requests for places of delivery, and we want to continue to meet the increased demands of our business partners”.

The company notes that having a large fleet at its disposal gives the company more flexibility at providing prompt and agile bunker delivery services.

It added that Bunker One’s tanker fleet is highly specialised and equipped for offshore bunkering operations and ensures the highest level of quality, safety and efficiency of supply.

“I am very pleased that we can sustain momentum and stay on course with our plans to expand our operational reach,” said Peter Zachariassen, CEO, Bunker One.

“As we continue with our ambitious growth plans, we will, of course, remain dedicated to our business partners and maintain our strong focus on providing our customers with services of the highest quality.”

In May 2020, Bunker One strengthened its portfolio in the US Gulf, the Caribbean and West Africa with the addition of MT Furuholmen, MT Lilo Swan, and MT Enford.

Photo credit: Bunker One
Published: 24 November, 2020

Business

Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

Creditors of the company will have to submit proof of debt to the liquidators of Parakou Shipping by 17 June, according to Government Gazette notice.

Published

21 hours ago

June 5, 2026

Admin

A notice to declare the intended dividend of Parakou Shipping Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (3 June).

The following are the details of the notice of intended dividend:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Last Day of Receiving Proofs (if not already lodged): 17 June 2026
Name of Liquidator : Cameron Duncan
Address : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Photo credit: steve pb from Pixabay
Published: 5 June, 2026

LNG Bunkering

Chinese firms form pact for 20,000 cbm LNG bunkering vessel project

CM Energy Tech, Seacon Shipping Group and China Merchants Heavy Industry (Jiangsu) signed a joint venture agreement for 1+1 20,000 cubic meter LNG bunkering vessels.

Published

21 hours ago

June 5, 2026

Admin

CM Energy Tech Co Ltd, Seacon Shipping Group Holdings Limited and China Merchants Heavy Industry (Jiangsu) Co Ltd on Tuesday (26 May) signed a joint venture agreement for the construction of 1+1 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels.

The parties also signed a shipbuilding contract for the first vessel, which will be constructed by China Merchants Heavy Industry.

The project combines CM Energy Tech’s access to the China Merchants Group ecosystem, Seacon Shipping Group’s expertise in ship management and operations, and China Merchants Heavy Industry’s shipbuilding capabilities. The partners said the initiative is intended to address the shortage of large-capacity LNG bunkering vessels in the Chinese market.

The newbuild LNG bunkering vessel will feature dual C-type independent cargo tanks and is designed with a boil-off rate of just 0.16% per day. It will also be capable of delivering LNG at a bunkering rate of up to 2,000 cbm per hour, enabling efficient refuelling of large LNG-fuelled vessels.

The vessel will be powered by Wärtsilä dual-fuel engines and will comply with IMO Tier III emissions requirements. The first vessel is scheduled for delivery in 2028.

The three companies said they plan to further expand cooperation across the LNG value chain, strengthen their presence in the marine energy sector and provide customers with integrated LNG bunkering services focused on safety, operational efficiency and lower carbon emissions.

Photo credit: David Yu from Pixabay
Published: 5 June, 2026

Methanol

India’s Agastya inks green methanol offtake agreement with SAR Group

Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka.

Published

21 hours ago

June 5, 2026

Admin

India’s clean energy conglomerate Agastya Group on Wednesday (3 June) said Agastya Green Fuels signed a long-term green methanol offtake agreement with Sri Lankan bunker supplier SAR Maritime Agencies, a SAR Group company, for the supply of 250,000 metric tonnes (mt) per annum of EU RFNBO RED III Compliant green methanol.

Agastya said the agreement establishes one of the largest green methanol supply partnerships in the Indian Ocean Region and marked a major step toward creating a new green maritime energy corridor connecting India and Sri Lanka.

The green methanol will be supplied from the Agastya Green Fuels Hub at Mulapeta Port, Andhra Pradesh, India, where Agastya is developing a green methanol export-oriented facility with a planned investment of USD 6 billion over the next six years. The facility is expected to produce 1 million mt per annum.

“Through this partnership, Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka, positioning Colombo, Hambantota, and Trincomalee as future clean-fuel hubs for global shipping,” the company said in a social media post.

“The Indian Ocean is emerging as the world’s next green fuel corridor. Agastya Green Fuels intends to be at its center,” said Shashi K Reddy Arjula, Founder and Group CEO of Agastya.

Photo credit: CHUTTERSNAP on Unsplash
Published: 5 June, 2026