Indonesian-flagged offshore supply vessel was arrested at Singapore port in May 2019 over an alleged dispute over payment for goods and services.
Hafnia said it is disappointed by Ardmore’s response and continues to believe that its proposal is in the best interests of Ardmore’s shareholders.
A decline in traffic brought on by low bunker prices would lead to a competitive disadvantage at the canal compared to longer alternate routes which are...
Until recently, bunker fuel sales [...] were buoyed by opportunistic restocking, but sales volumes have since caught up with the reality of slowing global trade, notes...
Report shows ICAO’s framework offers a solid blueprint for the shipping sector and identifies areas where the IMO should be more ambitious than ICAO.
CIMB is looking to recover USD 105 million that it has lent to the company and Hontop owes approximately USD 470 million to seven creditors, reports...
Firm had already set out long term plans to implement fleet modifications, GHG emission monitoring systems and switching to VLSFO bunker fuel 10 years ago.
Refinery located outside the Strait of Hormuz has a planned capacity of 300,000 BPD in phases and the project has an expected ROI of 22% per...
Las Palmas was an outlier, with bunker deliveries up by 11% on year, becoming Spain's largest bunker port in Q1, because of competitive prices, according to...
Ammonia can be produced with green energy and it contains no carbon so it doesn’t release carbon dioxide when it burns or when it is being...