Global marine insurer North P&I club has opened a new office in Piraeus, Greece, it said this week.
Trading notice describing the development was circulated in the Singapore bunker market on Friday.
The closure of the operations in Singapore and Antwerp are scheduled to take place this year.
President affected, company to welcome new global sales director to the boardroom.
Its Middle Eastern office has experienced rapid growth in the past year.
Developments at 4th Eastern Economic Forum build upon LNG bunkering MOUs signed in 2016.
Wärtsilä is scheduled to deliver the equipment to Dalian, China where the vessels are being built.
Purchase will allow Genco to capitalize on strong demand for drybulk commodities and multi-decade low vessel supply growth rates
Dry bulk, container and tramp segments most affected.
Singapore’s bunker sales have dropped for two consecutive months. Trade sources said demand shifted to North Asia in July and August.
