European shipowners say they are ‘deeply concerned’ about looming prospect of global trade war.
Points towards collaboration opportunity with CEPSA, increased demand for HFO due to 2020.
Escalating bunker cost situation has now reached the point at which ONE is ‘forced to respond’.
Expands fleet size and assets base from the current two vessels to nine; with yearly profit guarantee of approximately RM2.75 million for next two financial years.
Developments took place after the announcement of $200 million account discrepancy on Monday.
Request for Proposal for 12 vessels totalling 388,000 TEU capacity sent to three shipyards.
Signs five-year agreement covering maintenance of exhaust gas cleaning systems in three vessels.
‘Container ship operators need to “fess-up” by taking responsibility and greater control of their costs.’
To write off amount owned by four counterparties due to ‘improperly accounted’ transactions.
Sales up by 72% on year to 463,900 mt in the period between January to May 2018.
