Forecasted to withdraw its application for court protection, this move provisionally protects HLT from legal proceedings as a form of debt restructuring, says Bloomberg.
Study aims to consider the broader spectrum of implications for many ship types and different operational requirements, including bunkering and port operations.
M/V Trudy was bunkered with GoodFuels’ sustainable Bio-fuel Oil MR1-100, a second generation sustainable biofuel produced from certified feedstock .
Since the beginning of 2019, approximately 95% of Hapag-Lloyd’s vessels have been operating using low-sulphur bunker fuel, which emits over 70% less sulphur oxides.
Khaw Boon Wan reassures the industry that the impact of Hin Leong’s financial woes on the industry ‘through credit-tightening on other bunkering players, is manageable’.
Singapore’s bunkering and oil trading sector is sufficiently diversified with more than 130 significant global, regional and local companies that trade energy products, they state.
TFG Marine will supply HSFO, MGO and VLSFO bunker fuel to bulk carriers, oil tankers and container vessels calling at the Port of Singapore by May...
Company also intends to play a role in the environmental evolution of the bunkering industry with a commitment to operate dual-fuelled bunker tankers in Singapore, it...
Demand for the vessel exhaust cleaning equipment known as scrubbers has fallen because of a narrowing spread between high- and low-sulphur fuel, it says.
Bunkering sector to enter downward correction of fuel prices on Tuesday due to negative value from sensation of WTI prices, forecasts Director & Founder of Azure...
