To date, the company’s eight semi-trailers have covered 600,000 km to deliver LNG bunkers to MS Megastar.
Sales of marine diesel oil, specifically, were up by 30% on year in 2017.
Subsidiary Lanka Marine Services saw increased market share and profits, says Chairman of the group.
Company seeks to make IPO in mid-2018 with expected chartered capital of $630 million.
The lower sulphur cap for marine fuel will provide refiners with higher margins, says earnings statement.
A variety of companies have entered a MOU to develop and promote the country as a LPG ship bunkering hub.
SMTrack and VFTech eyes commercial offering of the system in two to three months’ time.
Bails for the men between the range of SGD $300,000 to $700,000, according to local media.
The CMA CGM Antoine De Saint Exupery a strong symbol of the group’s dynamism and development, it says.
Malaysia-listed MISC subsidiary AET Tankers also expects delivery of first LNG-fuelled DPII shuttle tankers in 2019.
