Orders two 8,500 dwt bunker tankers from Dayang Offshore Equipment, with option for additional two.
TMD and Lumut Maritime Terminal will also set up a bunkering terminal namely “Pit-Stop Bunker Hub @ Lumut” to support the business venture.
‘It is significant to localise the entire process from designing, supplying and manufacturing of LNG tanks.’
‘We are thankful to the authorities of the Port of Fujairah and our partners for their continued trust in us.’
Equatorial Marine Fuel Management Services and Global Energy Trading sources confirm recent purchases.
Trading halted ‘pending release of an announcement in relation to inside information of the company’.
First 200 mt of 0.5%S marine fuel was delivered to a bulk carrier in the Nakhodka water area, it states.
Mitsubishi Shipbuilding has received more than 50 orders to date for the jointly developed systems, it states.
Targets 5% share in Singapore’s marine fuels market in five years through use of Indonesian blending facilities.
Some bunker buyers point out less need to manually clean out vessels' fuel tanks by starting transition early.
