Savage’s customers include large midstream and global integrated oil companies, many of which are current Kirby customers for inland tank barge services.
Singapore port will remain open for cargo operations and will continue to provide essential marine services including bunkering, ship stores and ship supplies, says MPA.
With a near 70% collapse in crude prices, VLSFO prices in Singapore and Fujairah have also fallen by 66%; however, demand impact on bunker market is...
‘While other shipping markets instantly suffer from the fallout of the coronavirus crisis, the crude oil tanker market has yet to feel the same pain,’ says...
As the value of Euronav’s 0.5% oil stocks fall below cost, the company has been buying 0.5% fuel in the open market to supply its fleet...
Low Sulphur Surcharge no longer relevant with effect from 1 May, 2020 due to current price of VLSFO, states CMA CGM; however charges may still revert...
DNV GL Maritime CEO highlights the urgency of adopting alternative bunker fuels such as gas immediately, rather than waiting for the ‘perfect’ fuel option to reduce...
Dual fuel engines able to seamlessly switch between different types of bunker fuels and can adapt to whatever fuels the industry in the future, says firm.
Lawyers of the ex-Regional Marine Manager of BP Singapore, the Executive Director of Pacific Prime Trading, and Deputy Public Prosecutors were present at the State Courts...
Megah Port Management, subsidiary of oil trading, marine fuel bunkering and investment player SIL, took over operation and management of LLT on Wednesday.
