FTI Consulting (Hong Kong) Limited selected as provisional liquidators after firm ended proceedings at the Bermuda Court on 20 December.
‘We see a significant increase in orders of fuel pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels,’ says CEO Søren Kringelholt Nielsen.
Vessel chartered to an affiliate of TotalEnergies and will be supplying LNG as a bunker fuel to power modern vessels in the Mediterranean Sea.
‘We are excited to partner with these investors as we continue to serve the greater Los Angeles area,’ said Vince Godfrey, CEO of Olympus Terminals.
Online meeting to take place on 29 December at 3pm; interested parties to contact organiser no later than 4pm on 28 December 2021.
Offtake agreements with local refiners and the time-chartered bunker tanker MT HE MAN H, enable the physical supply system, according to the firm.
Total bunker sales at Panama was 465,380 metric tonnes (mt) in November, compared to sales of 363,735 mt during the similar period in 2020.
Entire team of Independent Non-executive Directors at the company has been replaced with effect from 17 December 2021, according to statement.
Bunker availability remains tight in Singapore amid ongoing terminal congestion, pushing earliest delivery dates for VLSFO and HSFO380 stems to 9-12 days ahead.
‘Things tend happen a lot faster in the market than we typically expect, and the past month has definitely been one of those periods,’ shares Steve...
