Bunker Holding and CEO Keld Demant under preliminary charges by SOIK for violation of EU Syria Sanctions; another individual in similar charge still under name ban.
Test samples of 0.5% sulphur fuel produced from blending process found to have 0.16 to 0.21% m/m.
Shippers need to make sure they understand exactly what they are being asked to pay extra for by carriers.
HPCL has produced the first batch of VLSFO from its Visakh Refinery ahead from IMO 2020 January 1 deadline.
Full impact of IMO 2020 is likely to be felt in March, once the current global stockpile of LSFO has dwindled.
The price levels for VLSFO and LS MGO have risen respectively by 30% and 24% from start of December.
A former tanker captain pleads guilty to six counts of abetting to dishonestly receiving stolen property.
US high sulphur distillates may prove profitable going into 2020 despite IMO 2020 global sulphur limit.
Local bunker suppliers have indicated the availability of 0.5% fuel oil and fuel quality assurance at all ports.
Venezuela removes references to fuel oil and crude grade and adjust royalties based on destination market.
