Fuel oil capacity conversions for the IMO 2020 bunker fuel regulations are ‘progressing well’, says CEO.
‘Stanley brings a great depth of scientific and engineering knowledge and expertise,’ says Group Managing Director.
Total bunker sales amounted to 430,583 mt in June 2019, compared to sales of 362,142 mt in June 2018.
Discusses business operations, potential debt reorganisation and winding up petitions, and financial review.
PetroChina takes up 100% of Phase 1 252,000 m3 tank capacity; Phase 2 adds 310,000 m3 of storage.
New contracts include Marine Fuel mini-contracts to help shipping companies looking to manage their risk.
As buyers begin to stock up on low-sulphur fuel and start testing ahead of IMO 2020 upcoming deadline.
Can Onay and Cagatay Azakli joins the company as Sales & Trade Manager and Chief Financial Officer respectively.
Brazil's President Jair Bolsonaro says bunkering issue of Bavand and Termeh should be resolved soon.
Recorded ‘significant variation’ in base fuel prices during the months of May and June, says parent firm.