China’s fuel oil tax rebate may lower bunker prices, especially in Asian shipping hubs, says FIS’ Chris Hudson.
Netherlands-flagged cargo vessel was detained 22.2 nautical miles southwest of Kendi Island while anchoring.
Majority of the sum comprised of USD 101,403.78 awarded to the bank as part of an earlier arbitration decision on 14 February 2019.
BNP Paribas, Unicredit, Vilma Oil, Sahara Energy Resource Limited, AOT Trading AG, and World Fuel Services among other litigants and banks involved in claim.
Delayed exhaust gas scrubber installations will further boost demand for IMO-compliant products.
Services to reduce risk of excessive BAFs, better control over fuel portion of ocean freight rate.
NIMR’s bunker barge will carry an initial capacity of 5,000 mt of MGO, VLSFO and marine lube.
By plugging into an onshore electricity, ships calling at port can shut down their auxiliary engines.
Acquisition broadens service offering, customers base and increases storage capacity to 150,000 barrels.
Dan-Bunkering's management hopes for a quick conclusion after eight Danish authorities investigates alleged irregularities in 2015-2017, states official response.
