Judge Maniam dismissed all of UniCredit’s claims against Glencore in regards to a letter of credit UniCredit issued in November 2019 to Hin Leong to finance...
Vessel is a 300,000 dwt, eco-type crude oil, scrubber fitted VLCC tanker, built by Hyundai Samho Heavy Industries, South Korea; ship is also Tier III compliant.
Reward rate would be calculated based on CO2 emissions prevented and funded via a mandatory flat rate contribution from ships per tonne of CO2 emitted.
Sailing on biofuels in US emission control areas means fewer bunker calls on that side of the Atlantic saving on time and costs, says firm in...
Brunei Shell Petroleum deploys Opsealog’s fleet optimization tools across its 45-vessel fleet following a successful trial that saved up to 10% on monthly fuel consumption and...
Initial investigations found all vessels without invoices and documents proving legal origin of the oil material; captains admitted that all diesel oil was traded and sold...
This was following MPA’s action in suspending the firm’s licence from 18 August 2022; company is listed again on MPA’s updated list of licensed bunker suppliers.
CIMAC paper finds there is a correlation between elevated levels of Chlorinated Organic Compounds and equipment failure in its cause-and effect evaluation.
Availability across all grades still tight in Hong Kong; bunkering mostly resumes in Zhoushan; Fujairah VLSFO at sustained discounts.
ITIC aided in obtaining commission which a seller refused to pay despite completion of the sale and purchase of a ship, claiming a bunker dispute had...
