The company is targeting opportunities in bunkering, exports and blending for its 125,000 m3 oil storage facility.
Sonnich Thomsen, the former Head of Asia at Minerva Bunkers, joins Singapore’s largest domicile bunker trading house.
Parent firm Grindrod cuts losses by more than half, exits rail business, considers listing shipping division on NYSE.
Oversupply of offshore logistics vessels and jack-up rigs in the industry affecting Singapore group’s business.
The LNG ready Ore Tianjin can sail between any two ports in the world without bunkering.
The bunker tanker Explorer was involved in a collision with Samudra Indah on Thursday.
Hong Kong-based bunker supplier records decrease in local volume due to market developments at China.
Dubai-based Lamin Bara and Rali Bara receive promotion on the back of rapid expansion and future company direction.
The company sold a total of 2.8 million mt of marine fuel during the year, it said in an operations update.
The company, which operates 12 river bunker stations in North West Europe, will be listing “in the coming weeks”.
