HSBC and UOB increases total lending from $225 million to $285 million in preparation for IMO 2020 credit.
Cecilia Cosulich and Teresa Cosulich will be delivering low sulphur fuel oil from October onwards, it says.
‘The new addition increases our bunkering capacity at Hong Kong port to about 20,000 metric tonnes per month,’ says Managing Director of Buriskey Supply & Services.
Lumut port offers shipowners and operators an opportunity to ‘jump the queue’ for bunkers-only calls when compared to lifting fuel at other regional ports.
Bunker supplier offered the new grade on Tuesday and sold 2,500 mt on contract for delivery in October.
Wins six-year tender to maintain and manage fuel facility at HMAS Cairns, in addition to providing bunkers.
‘No ethical or environmental grounds for treating the shipping industry more leniently than road transport.’
Global Energy Trading and subsidiary of Mercuria Energy Trading bought the vessels at a Singapore auction.
TMD and Lumut Maritime Terminal will also set up a bunkering terminal namely “Pit-Stop Bunker Hub @ Lumut” to support the business venture.
John W. Stone Oil began offering lower sulphur product at the beginning of September, CEO tells Argus Media.