Infineum matched the amount of employee donations and gave the equivalent figure to three global charities; Doctors Without Borders, Direct Relief, Action Against Hunger.
Newly appointed hires are a team from Oceanconnect who are expected to strengthen its presence in both Greek and German markets based in Athens and Hamburg.
‘We have strengthened our supplier alliances in [...] Hong Kong, the PRC, the East Mediterranean, South and Central America and Russia,’ says Group Executive Director.
Project involved adding 3,600 meters of process pipelines, 6,400 meters of heat tracing pipelines, and is expected to produce 10,000 mt of LSFO per month.
‘As the saying goes without people buying things, manufacturing will slow, trade will also slow and shipping movements slows down. It’s a whole chain of reaction,’...
Opportunities for geographical arbitrage were amplified by the uneven impact of COVID-19 in regions, while IMO 2020 created additional volatility in bunker fuel markets.
Singapore bunker fuel market was hit by the bankruptcy of Hin Leong Trading in May and some traders shifted focus to Chinese ports, adding to high...
Runji 1 is designed to handle the large waves in the Zhejiang FTZ, it features a massflow meter and can provide multiple bunker fuel deliveries to...
Exchange has gained approval from China Securities Regulatory Commission to start operations; the transaction fee for LSFO futures contracts is 2 RMB yuan per lot.
CTI acquired Maritec in early March for USD 38.6 million but said it had to wait for further approvals by relevant government agencies from Singapore authorities.
