VTTI will be owned 10% by ADNOC, 45% by IFM Global Infrastructure Fund, and 45% by Vitol after development.
Ocean Energy and Singapore trader converted Futures Contracts into 3,000 mt physical fuel oil; cargo was later sold to Sinopec Fuel Oil (Singapore) Pte Ltd.
RSD-E Tug 2513 will be the first fully-electric ship-handling tug in the world with 70 tonnes bollard pull.
Receives Approval in Principle for the concept design of its LNG-fuelled ore carrier from class society DNV GL.
Heide underwent a partial shutdown in April 2018, during which modifications for IMO 2020 were made.
Refiner completes heaviest part of scheduled refinery maintenance programme in preparation for IMO 2020.
Restriction takes effect on Friday, 9 Aug from 1500hrs to 2200hrs, says Maritime and Port Authority of Singapore.
Port Klang-registered vessel detained by patrol at about 6 nautical miles east of Tanjung Balau on Sunday.
Experts discussed the advantages and strength of each flow measurement technology, an overview of installation requirements, followed by a ‘live’ demonstration.
The newbuilding, built in the Italian shipyard Cantiere Navale Visentini, is a sistership of the Hypatia de Alejandria.