Barges will be dedicated to offering marine gasoil and ultra-low sulphur diesel fuel to receiving ships.
Eugenia Benavides, Director of Marine Fuels at Terpel and Timothy Cosulich, CEO at Fratelli Cosulich joins board.
Facility at Port of Tanjung Pelepas will be the ‘world’s largest storage and supply hub’ reports The Edge.
Spends $5.04 billion on bunker purchasing in 2018, 51% higher than $3.34 billion in the year before.
LNG bunkering operations have increased considerably from 1,500 mt in 2017 to 9,500 mt in 2018, it updates.
Company recorded net profit of $127.7 million in 2018 compared to net loss of $170.2 million in 2017.
The three-year supply contract with Oman Shipping Company comes with a two-year option for extension.
Straits and James Chai will respectively own 70% and 30% shares of Straits Alliance Transport, it says in filing.
Shell Argina and Shell Gadinia extended oil life and improved engine reliability while lowering lube consumption.
Firm uses expertise in ULSFO (
