Move is ‘first step’ in demonstrating how firm will digitalise its service offerings to customers in the future.
Hayleys Advantis subsidiary received its first cargo parcel of VLSFO in Colombo from the UAE on 9 December.
1.30 million mt of LS 380 cSt grade sold at the republic, compared to 2,000 mt a year earlier, show data.
If gasoil remains cheaper than LSFO for sustained period buyers may turn more strongly to LSMGO, say analysts.
Observes further upside in middle distillate cracks, while pressure is likely to persist for high sulphur fuel oil.
Production at AP Oil partner facility reduces delivery times to Singapore and Malaysia ports, says spokesman.
Loading products from Bostco oil terminal and supplying all grades of marine fuels from two bunker barges.
Alexandros Margaritis brings 14 years of experience; has worked at Singapore and Dubai’s bunkering sectors.
Alexei Medvedev (pictured) and Mikhail Antonov explain how regulation will affect the company in an interview.
VLSFO percentage within total fuel oil sales increased from 1.8% in September to 51.6% in November.
