The marine segment sold 5.1 million mt of bunkers in Q2 2019, down 775,000 mt when compared to Q2 2018.
Credit has enhanced WFS’ financial flexibility providing additional capital to re-invest in business, says CFO.
Panos Zachariadis of Atlantic Bulk Carriers and Jeremy Nixon of Ocean Network Express speaks to BIMCO Bulletin.
Coping with limited availability of HSFO, with price spreads relative to Singapore rising to record highs.
Development will increase proportion of revenue from PRM’s FSU business to near 50%, if carried out.
Futures contract part of efforts by Zhoushan to create an international bunkering hub rivaling Singapore.
Uniper will begin to offer 0.5%S limit marine fuels soon, while Vitol has already started supplies of product.
Iranian-flagged grain vessels Bavand and Termeh have been waiting for fuel at Paranagua Bay, Brazil since June.
States it did not provide fuel to export firm and Iranian vessels due to entities being sanctioned by SDN and OFAC.
Port Klang-registered vessel detained over unauthorised anchoring in the waters of East Johor, says MMEA.
