Development includes ExxonMobil Marine fuels to enable customers to meet IMO 2020 requirement.
Hiap Seng Engineering in Southeast Asia’s biggest tank lift to expand facility with 67,000 cbm of storage.
This is the biggest ship engine ever to be successfully fitted with an inline hybrid scrubber system, it says.
‘We are confident that it is the right decision and one which best meets the needs of the shipping markets we serve.’
Firm in December entered into $42.4 million hybrid scrubber manufacturing agreement for 28 of its vessels.
Publishes analysis: ‘The Effects of Changes to Marine Fuel Sulfur Limits in 2020 on Energy Markets’.
Market participants express concern whether Brazil-bound vessels will be fined for having HSFO onboard.
Double Rich encountered loss of US $1.8 million in operations for FY 2018 due to slump in Q4 oil prices.
Increases ARA barging fleet, explores entry to American market, and announces new bunker trader appointments.
‘IMO 2020 sulphur cap presents a strong opportunity for the development of independent pricing in Fujairah.’
