Total bunker sales at Panama Canal was 448,093 mt in March compared to sales of 449,815 mt on year; VLSFO 0.5% sales dominated at 295,797 mt.
Sales of MDO saw a sharp 193% increase from Q1 2019 and LNG bunker sales reported a steady 190% rise on year, says port authority update.
Company is analysing how this service can be optimised by consolidating the collection of multiple samples in one go, reducing overall carbon footprint.
Latest development alleges Chua Chin Lan facing total debt of approximately USD 5 million due to personal guarantees undertaken with Innovek and Global Energy Trading.
The Port of Rotterdam Authority supports initiative and actively encourages the use of alternative bunker fuels, partly through the Incentive Scheme Climate-Friendly Shipping.
Endeavour is aimed not just at developing ammonia-fuelled vessels but to create a system for the Japanese maritime industry to apply ammonia as bunker fuel.
‘We still believe in an oil price recovery, possibly as early as June, and see a risk for a tight market in 2022 with prices much...
Forecasts marine gross profit to be more meaningfully impacted by both coronavirus situation and lower bunker fuel prices, particularly low sulphur fuel oil, in Q2.
The Gas Agility has the ability to bunker 23,000 TEU container ships, allowing them to sail 19,500 nautical miles covering a round-trip voyage from Europe to...
Circular publishes details on port due concessions, credit management measures for companies, manpower support measures, and initiatives for local seafarers.