Firm adds new 2,500t barge to fleet for 0.5% sulphur fuel oil supply and has completed 90% of preparations.
Discusses business operations, potential debt reorganisation and winding up petitions, and financial review.
‘Crucially important’ legislation to implement new shipping and maritime regulation still non-existent, it says.
Obtains type approval certificate from DNV-GL; to become first domestic manufacturer of such systems.
Total bunker sales amounted to 430,583 mt in June 2019, compared to sales of 362,142 mt in June 2018.
Repsol will build two LNG bunker terminals at the ports of Bilbao and Santander where ferry firm operates.
‘We identified these items as essential for any shipowners planning a smooth changeover to 0.5% sulphur limit marine fuels,’ says Business Unit Manager, Bunker.
‘I have seen my fair share of best suppliers and PPT is certainly the better ones,’ states Ng Koh Sheng.
PetroChina takes up 100% of Phase 1 252,000 m3 tank capacity; Phase 2 adds 310,000 m3 of storage.
The 50-tonne bollard pull harbour tug was built at PaxOcean Shipyard and uses Wartisila design and technology.
