‘Strong pressure’ from the Korea Development Bank and Korea Eximbank has resulted in the development, says letter seen by Manifold Times.
‘I am pleased to say that Monjasa is in a good position in the global bunker industry,’ says Group CEO.
‘[Singapore] protested, but we have assured them that it is in Malaysian waters, and not in theirs’, he says.
Johor State government unaware of KA Petra and Hutchison Port Holdings Limited project, says post.
'We firmly believe in investing in our local partnerships to reinforce a close, enduring commercial bond.'
Ecoslops’ unit to regenerate oil residues at Total’s La Mède complex scheduled to come on stream in late 2019.
“While Platts Ocean Intelligence, covering marine credit risk analysis, does have long-term users, its customer base has declined over recent years,” says spokesman.
Group’s bunker department now mainly revolves around providing bunkering services for its own fleet.
Official expects Zhoushan bunker volume to surpass 4 million mt this year, reports China Securities Journal.
Development allows Aegean to emerge from Chapter 11, and Mercuria’s DIP financing plan to take effect.
