Plans to sell marine fuels business by 2020 as part of focus shift to ‘unlock sub-Saharan African trade corridors’.
Appoints Deloitte & Touche LLP as Judicial Managers, with pre-trial conference scheduled on 5 September.
Findings of this year’s evaluation demonstrate that only a small proportion of fleets is becoming cleaner.
Shipowners and IMO Member States already making final preparations heading into IMO 2020, it says.
The newbuildings will join the seven existing methanol-fuelled vessels chartered by Waterfront Shipping.
Workshop held between 19 to 21 August carried out under IMO’s Integrated Technical Cooperation Programme.
Plans to supply bunkers from floating storage in Singapore, says Head of Freepoint Singapore in Reuters interview.
Group has ‘purposely trimmed down marine fuel business’ after taking into account risk factors, it states.
The Malaysian shipping and ports council also considering use of MFM on board bunker tankers, training of bunker surveyors, and more, shares Anthony Loke Siew Fook.
Due to combination of fall in crude prices and regional refiners reducing HSFO production, say sources.
