Product now available at Kandla and Kochi ports; deliveries at other locations to start from mid-November.
Marine segment saw ‘strongest results’ in last five years due to seasonality and tight bunker market in Singapore.
New Gavia 4050 and Larus 2040 lubricants designed for marine diesel engines using VLSFO fuels, it says.
Manufactured at Viva Energy’s Geelong Refinery, the new VLSFO is the first LSFO to be produced in Australasia.
Combined company will be able to deliver higher manufacturing volumes and shorten delivery times further.
Supplies will come mostly from PetroChina who has recently established a bunkering arm at Zhoushan port.
Bulk carrier Transpacific, VLCC Hirado, and bulk carrier Nord Steel boarded by pirates along eastbound lane.
20|20 re-named as BLUE Insight to provide commercial advisory and research services for maritime industry.
‘We are extremely pleased to have Chris join VPS,’ stated VPS Group Managing Director, Dr Malcolm Cooper.
Applies for a domestic patent of its VLSFO manufacturing process which removes asphaltenes from fuel.
