Profit of the bunkering business declined, resulting in lower profit on increased revenue year on year.
‘We are most excited about the evolution of the market towards January 2020,” says CEO.
In a separate development, the Aframax tanker Brightoil Lucky has been arrested at Singapore port.
Plans to own and operate nine LNG-fuelled ships over next three years, says President of Baleària.
Fuel and chemical testing, inspection and tank calibration services available at new facility.
About 7,000 litres of LSFO have been recovered from the beached ro-ro vessel Makassar Highway.
Establishes special working group with Zhejiang Pilot Free Trade Zone to explore initiative to start bunkering firm.
The Colombo-based bunker supplier commissioned bunker tanker MT Amelia in the first quarter of 2018.
The Director of Singapore-based bunker survey firm Majestic Maritime Services offers recommendations to overcome this key issue faced by players at the republic.
Provides updates and requests for industry support to develop solutions for contaminated bunker fuels.