Chapter 11 restructuring which commenced on 6 November 2018 has reached milestone on 4 April 2019.
Invoices for the product were inconsistent and there was no certificate of origin for the product, it says.
Identified 105 instances of off-spec bunker fuel samples, representing an increase from 61 cases in 1H March.
Chembulk did not have enough facts to make claim and initiated lawsuit without completing analysis, it claims.
Ocean Basin Shipping, White Reefer Line Corporation, Kobe Shipping Company involved in $624,000 claim.
‘Strong pressure’ from the Korea Development Bank and Korea Eximbank has resulted in the development, says letter seen by Manifold Times.
‘I am pleased to say that Monjasa is in a good position in the global bunker industry,’ says Group CEO.
Introduces guidance for low sulphur marine fuel use, sample entry of Ship Implementation Plan, and more.
PureSOx systems will be installed on among the largest vessels in the world, says scrubber manufacturer.
CCS team had ‘in-depth exchange and discussion’ with shipowner representatives and stakeholders, it says.