Philip Hill is a Chartered Chemical Engineer with over 20 years of experience in fuels and chemicals manufacturing, sales and distribution for BP and INEOS.
Several suppliers have tight bunker availability for prompt dates across key US ports like New York, Los Angeles and bunker locations around the Houston area.
‘We are delighted to bring onboard these parties and we are confident that this will bear fruits,’ highlights Kanfer Shipping Managing Partner Stig Hagen.
‘This is also an important step in the expansion of our network of bunkering services at all major ports in the Sultanate of Oman,’ says company.
Supply of all grades remains readily available with a range of suppliers in the ARA and Gibraltar Strait – Europe’s two main bunkering hubs.
Discount of delivered very-low sulphur fuel oil (VLSFO) in Fujairah relative to Singapore is narrowing again, after widening to an average of $20/t last week.
Reallocation of HQ to Mainland China has resulted in a recent string of resignations for the firm which business activities include bunkering operations.
Oil tanker detailed on 4 January was carrying a total 170,000 litres of oil products consisting of 100,000 litres of gasoline and 70,000 litres of diesel.
Bank of America, N.A., Singapore Branch took admiralty action against Ocean Tankers after a winding up order against the firm on August 2021.
VLSFO supply continues to be tight in Singapore, keeping its price at slight premiums over other key ports like Zhoushan and Fujairah.