The Covid-19 pandemic in India, where the group’s assets of between USD 45 to 60 million, accounting, and reporting capabilities are located have affected expected pace...
HSFO380 availability has improved to shorten lead times in Singapore, and plentiful supply has kept South Korean VLSFO prices at regional discounts this week.
EC package may prove ineffective, greatly impact European shipowners and undermine global efforts to meet required environmental objectives, it says.
Stabilis will deploy LNG transportation and distribution equipment from its liquefaction facilities in Texas and Louisiana; services available in 2021.
‘MOL is accelerating its preparations for the launch of environment-friendly vessels using not only LNG fuel but also biofuels,’ states company.
Insurers saw a number of machinery damage claims related to scrubbers, which remove sulphur oxides from exhaust gases for vessels using heavy marine fuel.
Successful build out of Brooge Energy’s Phase III facility would position the company as the largest independent oil storage facility in Fujairah.
IMO MEPC meeting in June 2021 has granted IMCA authority collect bunker fuel consumption data from certain IMCA members’ offshore vessels.
Industry association has studied the European Commission’s “Fit for 55” package and highlights a number of potential consequences and concerns.
STS hub will be Straits’ flagship energy project which will be located within the port limits of Victoria Bay deep water area spanning a 3,309 hectares.
