CMES has agreed to acquire 70% of equity ownership in Singapore-based bunker trading company China Merchants Energy Trading for USD 16 million in cash.
Backed by several government agencies, banks will be consulting trading companies to strengthen Singapore’s competitiveness as a global commodities trading hub.
Ammonia can be produced with green energy and it contains no carbon so it doesn’t release carbon dioxide when it burns or when it is being...
Las Palmas was an outlier, with bunker deliveries up by 11% on year, becoming Spain's largest bunker port in Q1, because of competitive prices, according to...
Refinery located outside the Strait of Hormuz has a planned capacity of 300,000 BPD in phases and the project has an expected ROI of 22% per...
Firm had already set out long term plans to implement fleet modifications, GHG emission monitoring systems and switching to VLSFO bunker fuel 10 years ago.
CIMB is looking to recover USD 105 million that it has lent to the company and Hontop owes approximately USD 470 million to seven creditors, reports...
The monthly average supply volume has been nearly 1mn t in the first four months this year, suggesting bunker demand has shifted from other countries to...
Monjasa Provider got her new name and look painted during her Special Survey in Spain, before resuming refuelling operations in the English Channel.
This is the highest ever recorded output in a single month and the feat was also in recognition of the Chinese Commmunist Party’s 100th Anniversary, it...
