The contracts to build six (6) firm plus four (4) vessels were signed in March 2020 but are scheduled to come into effect in September 2020...
Bilsea Group management planning to keep bunker trade business at ‘comfortable level’ in consideration of current poor freight market and high oil market volatility.
The Singapore-flagged vessel was discovered by the patrol team around 2.15pm in the afternoon 13 nautical miles east of Tanjung Siang in Johor on Thursday (20...
‘[...] no ships means no supplies, so a collaboration between the shipping sector and local administration is of paramount importance, and needs to be a two-way...
The MOU was signed with Korea Bio Energy Association, Hyundai Heavy Industries Co, Korea Shipbuilding & Offshore Engineering Co, and the Korean Register of Shipping.
Demand is forecast to rise, but figures for next year are still below the 2019 levels; it is not until 2022 that total oil demand is...
Sales of marine fuels and lubricants were significantly affected by COVID-19; however, the company increased its market share in various specialised sectors, it said.
Unlike biofuels such as ethanol and biodiesel, renewable diesel is chemically identical to petroleum diesel and it "works in any traditional diesel engine", it said.
The Bangladesh government has approved Bangladesh Petroleum Corporation’s (BPC) proposals to purchase 150,000 mt of bunker fuel across July-December 2020.
‘We advise clients to monitor the situation and ensure that crew onboard vessels fitted with open loop scrubbers are aware of any local discharge requirements,’ it...
