Mercantile & Maritime iterates stance as a group operating in full compliance with trade laws and maritime regulations.
Production and export of LSFO aimed at reducing inventory of HFO and increasing profits, reports Sinopec News Network.
IMO’s PPR Sub Committee to amend July 2024 usage and carriage ban, with caveat to extend usage for domestic shipping.
Major port state regimes have already made clear they will rigorously enforce sulphur requirements, says ICS.
Current auditor cannot travel to PRC to perform any audit procedures on the outstanding financial results, it states.
Lower demand and improved supply logistics for LSFO main factors behind the narrowing of price premium over HSFO.
Research aims to create a visual twin model for optimisation, engine operating state monitoring and engine failure diagnosis.
Draft ‘2020 Guidelines for sampling of fuel oil intended to be used or carried for use on board a ship’ recently agreed at PPR 7.
The New York-listed oil and bunker trading firm records 40% on year growth in net profit to $178.9 million in FY 2019.
Records ‘substantial increase’ in revenue during Q4 2019 due to strong demand for HSFO and VLSFO bunker grades.
