Partnership creates a seamless link between decisions taken by bunkering desk, vessel operator, and cost controller, and results in better voyage profitability.
Members will be able to access vital fuel quality parameters such as viscosity, density, sulphur content, instability, etc. derived from observed average values, it said.
Center is a core organisation established to develop state-of-the-art ships through continual integration of the expertise of Japan's shipbuilding industry.
OFAC includes several shipping and petroleum companies, mostly based in Asia for being allegedly involved in Iran-related transactions.
Sales of bonded bunker fuel increased and prices soared in H2 November amid growing trades and economic activities in the upcoming winter season, it said.
Exercise was conducted by the Port of Rotterdam, Maersk and MSC, and IMO and involved analyzing data from 26 vessels over a period of one month.
The 6,550 gross tonne (gt) Isemirai will deliver imported coal from a domestic storage base to Jera's 4,100MW Hekinan coal-fired power plant in Aichi prefecture.
Similar application made to the High Court of Hong Kong has been approved and the creditors meeting is now expected to be held on 18 January...
Terminal expected to reach optimal LSFO utilisation in 2021, with trading operations supported by Freepoint and Pertamina's Marketing & Distribution.
In total, 4.26 million metric tonnes of various bunker fuels were sold at the republic in November, more than 4.07 million mt recorded during November 2019.
