Full access to Shell’s technical services comprises is ‘key component’ of agreement to raise fleet efficiency.
Argus contract will be based on a bunker index whereas the Platts contract will be based on a cargo index.
The specialty chemicals firm which produces bunker fuel additives has post a 46.1% jump in Q3 2019 net profit.
Event held at Ciragan Palace Kempinski brought together over 260 stakeholders from across the world.
‘Its bunker sales have grown mainly by taking market share from other Chinese ports,’ says analyst.
Sinopec’s Executive Director Li Zurong further discusses investment plans for an oil refinery at Hambantota.
Development in line with refinery and industry’s readiness to supply IMO 2020 compliant bunkers, it says.
BMT Bunker to distribute Neste MarineTM 0.5 to global shipping companies via partnership agreement.
PDS confirms after closing the positions concerned, it will realise a loss of about USD 310 million before taxes.
‘Vindication, then, for those owners who moved early in favour of marine gas scrubbers,’ says manufacturer.
