Development mainly attributable to the right strategy of expanding products line to bunker marine fuel oil, and acquisition of two additional bunker tankers.
Two thirds of respondents thought marine fuel prices would rise in the next 12 months, but only half said they currently have strategies in place to...
Norwegian shipping companies have committed themselves to reducing GHG to zero by 2050 through adopting four ambitious goals laid out in a climate strategy.
MT Absolute I is an 8,646 dwt bunker tanker capable of carrying three grades of fuel; she has been chartered to BP to supply bunkers to...
VLCC Hull No. 99 is to be equipped with an air lubricated hull and VLCC Hull No. 100 will feature a newly developed auxiliary sail assistance...
Unlocks a milestone in company's plan to expand its production of LSFO; careful planning was required due to the tower's weight and narrow construction site.
Satisfactory resolution of debts with the majority of creditors ‘will help expedite the resolution of Dr. Sit’s bankruptcy proceedings’, says the company.
The bunker player at Hong Kong and Chinese ports shares with Manifold Times what local shipping sectors went through during the early days of COVID-19 and...
Despite adverse market conditions Gibson foresees other shipowners postponing scrubber installations rather than outright cancellations on possible increase in oil prices.
Total bunker sales at Panama was 415,137 mt in April compared to sales of 406,677 mt on year; VLSFO 0.5% sales dominated at 329,486 mt.
