‘We are most excited about the evolution of the market towards January 2020,” says CEO.
In a separate development, the Aframax tanker Brightoil Lucky has been arrested at Singapore port.
Fuel and chemical testing, inspection and tank calibration services available at new facility.
Establishes special working group with Zhejiang Pilot Free Trade Zone to explore initiative to start bunkering firm.
The Colombo-based bunker supplier commissioned bunker tanker MT Amelia in the first quarter of 2018.
Firm plans engagement with shipowners and engine manufacturers adopting scrubber route.
MPA, Sinanju Tankers, and Ship Supplies Direct were among panelists at the event centred on “Building a Future-Ready Maritime Singapore”.
New location complements Stanlow and Immingham offerings allowing firm to service all UK Ports.
Encourages local Canadian and national companies to bid on the projects to replace aging fleet.
Firm decided to maintain current prices the measure to recover from high oil prices, it says.