Takes delivery of the first two tankers in Dubai on 15 August, with remaining tankers delivered in coming months
LNG bunker sales during Q2 2019 was 6,269 mt, up 383% from 1,297 mt in Q2 2018, states port data.
Establishments at Port Klang in Malaysia have started trading and refuelling business since early August 2019.
‘We expect that cargo replenishments will not keep pace with outgoing fuel,’ says Director of Oil Research.
Plans to sell marine fuels business by 2020 as part of focus shift to ‘unlock sub-Saharan African trade corridors’.
Appoints Deloitte & Touche LLP as Judicial Managers, with pre-trial conference scheduled on 5 September.
Group’s 2019 outlook continues to look positive with completion of acquisitions and new business activities.
Plans to supply bunkers from floating storage in Singapore, says Head of Freepoint Singapore in Reuters interview.
Group has ‘purposely trimmed down marine fuel business’ after taking into account risk factors, it states.
The Malaysian shipping and ports council also considering use of MFM on board bunker tankers, training of bunker surveyors, and more, shares Anthony Loke Siew Fook.
