Firms importing 500,000 to 700,000 mt of VLSFO per month on average from November, reports Reuters.
180 cSt low sulphur MFO produced from the Plaju Refinery can be distributed to vessels in Indonesia.
EMF.5™ range of fuels comply with the International Maritime Organization’s (IMO) 2020 sulphur cap.
Upgrade needed to improve the service level, security and safety, says Chairman Datuk Abdul Hak Md Amin.
Three-year term loan facility was made to finance the general working capital requirements of the group.
CEPSA Panama’s name will be changed to align with Minerva’s ownership at a future date, says new owner.
Interested players entering the Singapore bunkering sector will need to own and operate at least two dual-fuelled bunker tankers, in addition to other requirements.
Move is ‘first step’ in demonstrating how firm will digitalise its service offerings to customers in the future.
Hayleys Advantis subsidiary received its first cargo parcel of VLSFO in Colombo from the UAE on 9 December.
1.30 million mt of LS 380 cSt grade sold at the republic, compared to 2,000 mt a year earlier, show data.
