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.
The average number of spills greater than or equal to 7 mt has continuously reduced since 2010, says ITOPF.
The port recorded an 81.5% increase in bunker deliveries via barges.
Dr Sunil Kumar of VPS Fujairah writes about the formation and testing of sludge in marine fuels.
The next two ports with the most bunker off-spec cases were Singapore and Zhuhai, according to Lloyd’s Register FOBAS.
The former Senior Vice President and Chief Economist of the World Bank made the analysis at a recent keynote speech in New York.
Pakistan State Oil withdraws from Fujairah fuel oil loading operations until June at the earliest, according to local media.
Overall industry confidence hit a three-year high in 2017, says Partner Richard Greiner.
47% of energy for shipping will be from oil-based fuels by 2050, finds its Energy Transition Outlook – Maritime report.
