The company is also planning to consolidate its marine sales division due to COVID-19 and the narrowing bunker fuel price spread, says its CEO.
Despite IMO’s scrubber discharge guidelines, studies show scrubber washwater and pollutants damage ecosystems and harm wildlife, states ICCT report.
Primarily achieved by a 10% growth in volume and a reduction in operational costs and expenses related to counter party performance, says company statement.
Report shows increased bacteria growth from the use of biodiesel in blending some low sulphur fuels compromises stability and poses risk to damaging hardware.
Since May 2019, the port has seen two ship-to-ship LNG bunkering operations by Shell and plans to offer clients its own LNG bunkering vessel by 2021.
Adamsen who holds an Oxford MBA is expected to drive the development and implementation of strategy throughout Bunker Holding, it said.
Both China and Singapore are committed to meeting their sustainability goals under the Paris Agreement, and have embarked on green finance agendas.
Sevastopol was penalised in 2018 by the U.S. for reportedly violating economic sanctions imposed on North Korea and was also briefly held in South Korea.
Tan was allegedly charged for 20 counts of forgery to cover his tracks from banks after having sold sugar to parties from North Korea from his...
The 104,592 dwt tanker was discovered by the MMEA patrol team at 4.00 p.m. on Friday (19 June), 4.8 nautical miles west of Daya Bandar Hilir.
