‘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.’
Partners KOBC, Hyundai Corporation, SK Trading International, Hyundai Global Service, DSEC, and PANASIA.
Euronav bought the 30,000 mt cargo from unidentified supplier as part of efforts to fill ULCC with bunkers.
Japan’s first syndicated loan certified by Japan Credit Rating Agency Ltd. with highest ranking of ‘Green 1.’
