EPS will purchase, build, and operate four 98,000 cubic meter VLECs for Zhejiang Satellite Petrochemical; the vessels are scheduled for delivery in the first half of...
Type Approval Test with participation of DNV GL, American Bureau of Shipping, and Lloyd’s Register for the dual-fuel retrofit kit has been completed.
Hopes for bold action to reduce the global shipping sector’s huge greenhouse gas emissions were dashed when a ‘business as usual’ draft text was approved.
European banks stepping back from the bunker industry is a cause for concern, and conversations are now about when will more industry consolidation emerge, it said.
Brightoil now hopes to focus on its upstream operations and plans to apply for a new share listing in Shanghai after the restructuring programme is completed.
As part of the Reform plan, a pilot run for liquified natural gas (LNG) bunkering services for international ships will be launched in Shenzhen waters.
According to the notice in the Government Gazette, the last day for receiving proofs is Friday (6 November) at the office of liquidators Deloitte Singapore.
The use of a condition monitoring tool could further reduce risk of breakdown scenarios through the diagnostic capability of picking up any incipient failure.
Aspect was selected for its capabilities in the bunker market, its quick implementation, and its ability to adapt to changing international marine fuel regulations, said ION.
The VLSFO-HSFO spread narrowed to $13.20/t on Wednesday, the lowest since Argus launched the Zhoushan Bunker Index (ZBI) in the middle of 2019, it said.
