Firm’s marine segment generated gross profit of USD 78.2 million in Q2 2022 compared to USD 22.7 million in Q2 2021.
Firm received 38 orders for LNG-fuelled ships in the first half of 2022 from various Chinese and Korean shipyards on behalf of major global ship-owners.
While the firm’s ships’ costs increased, bunker consumption dropped by 15% due to a reduction in the number of operating vessels and port congestion.
Joint one-year assessment will create transparent ammonia bunkering guidelines to ensure safe ammonia bunker operations within PPA ports.
Above-average US fuel oil stocks, below-average distillate stocks; prompt VLSFO readily available in Argentina and Brazil; rough weather headed to GOLA, Trinidad and Zona Comun.
Long-term service contract with GIE Dragages-Ports includes supply of spare parts and provision of preventative-maintenance services for MAN 35/44 dual-fuel engines.
Trial was the first bio-bunkering undertaken by Spar Shipping and its ship management partner Fleet Management, using GoodFuels’ sustainable marine biofuel.
Terminal operator and bunker supplier GPS Chemoil announced a force majeure, saying flooding of its terminal has resulted ‘in the pumphouse being completely submerged’.
This represents another step by Vitol to address the supply requirements of strategic marine customers in key Middle Eastern locations, said the firm in a statement.
Annual general meetings of companies/creditors will be held electronically on 31 August for An Hui Shipping Pte. Ltd. and Nan Yi Maritime Pte. Ltd., according to...
