Firm’s total liquidity, available to its international offices including Singapore, now worth over $700 million.
Tyler Baron ‘the ideal candidate to lead Minerva Bunkering’, says Mercuria Energy Group Limited statement.
WFS sold 5.2 million metric tonnes of marine fuel in Q1 2019, down 575,000 mt compared to Q1 2018.
Three-year credit facility with 12 banks include a funding capacity framework of up to US $2.5 billion.
Acquisition part of EMF’s preparation for 2020 to reach further up supply chain and operate as a more robust marine fuel logistics provider, says Director.
Southernpec (Singapore) Pte Ltd used a magnet to tamper with MFM of Southernpec 7 during a bunker craft license bunkering operation, MPA tells Manifold Times.
Port could become less important as a fuel supplier for ships in 2020 when IMO 2020 rules take effect.
Company’s 2019 strategy sees development in marine fuels, mining, heavy industry and agriculture space.
MOU covers cooperation in the fields of marine lubricant procurement, ship chartering and spot business.
Straits Marine Services Pte Ltd formed to provide ship management services for company’s bunkering vessels.
