With 0.5% marine fuel, HSFO, ULSFO contracts, operators do not just have to accept whatever costs the 2020 changes throw at them, advises Freight Investor Services.
Backwardated spread between August 2018 and January 2020 contract months have narrowed.
Krishnamachari joined Sing Fuels Full-Time as Director (Finance & Operations) effective 1 August, 2018.
Sales fell across all grades of marine fuel on year while port saw 2.6% lesser vessel calls for bunkers.
Bomin Bunker Oil Corporation and TKK Shipping taken to court by WFS subsidiary Trans-Tec.
The port authority recorded total bunker sales of 362,142 mt at both ends of the canal.
Bursa Malaysia to suspend, delist the company as it was unable to meet a proposed regularisation plan.
First half of 2018 shaped by ‘clearly increasing fuel costs’ and more, says CEO in results release.
‘We will do everything in our power to recover these damages,’ says Port of Rotterdam Authority.
Norvic Shipping International faces minimum $555,000 claim for alleged damages to M/V Golden Eagle.
