Operations within the port of Fujairah were carrying on as per normal without any interruptions, it states.
Bunkers sold totalled 15.78 million mt from Jan to Apr, 7.9% down compared to 17.14 million mt in 2018.
Highest savings achieved when bunker prices are high and owners’ earnings are low, including on long journeys.
Development follows departure of Mabanaft’s fuel oil team and Bomin Bunker Oil from Singapore in 2018.
Shipowner bought from supplier small-sized clip at price in lower $570/t level for delivery in second half of May.
Dr Sit Kwong Lam undertook borrowings of $1,362 million with banks and $76.15 million from three trading partners.
MPA separately investigating Southernpec for possible breaches of T&C of its bunker supplier licence.
Maersk will procure 1.25 million mt per year of 0.5% sulphur fuel oil from PBF in the US Atlantic coast.
Enters agreement with Pertamina to market low sulphur marine fuel avails from Sambu Island Fuel Terminal.
Bunker Delivery Receipt does not state destination of the vessel, says Danish Maritime Authority spokesman.
