Company believes market and business partners ‘likely to have greater confidence and comfort in continuing business dealings’ if placed under judicial management, says Director.
IBIA addresses issues arising when crew on bunker barges are predominantly foreign nationals and have no shore access or medical care due to COVID-19 measures.
‘If issues are related to stability and the fuel has flocculated, it cannot normally be saved; but using additives early in the storage period can prevent...
Degradation of refined products stored on tankers a well-documented issue that needs monitoring and specialised quality management to ensure best practice, says spokesman.
Suggests dedicated EU Maritime Fund to incentivise development of green technologies, sustainable alternative fuels, and more, for integration onboard ships.
Bunkering operation was for Älvtank’s product tanker Ramelia and was conducted at the port of Brunsbüttel at the river Elbe under the LNG supply agreement.
Battery capacity of 1,458 kWh (equivalent to 40 electric cars) allows the vessel to sail for up to 50km with 2.5 hours of charging; saving 20.16...
Court documents give two examples of what HSBC described as "highly dishonest transactions", both involving cargoes of Djeno crude booked since February, it said.
Company has had to pivot production due to the relatively low prices for diesel oil; it estimates 20,000 mt of LSR-1 bunker fuel to be shipped...
‘The 2050 deadline may seem far away, but vessels being commissioned today may still be on the water in 30 years, rendering the timescale more immediate,’...
