Credit has enhanced WFS’ financial flexibility providing additional capital to re-invest in business, says CFO.
Move motivated by several unique operational and commercial factors, explains Albert Susilo of Singapore-based shipbroking, analysis and consultancy firm AE Marine.
‘But we need to ascertain whether India was part of this decision making,’ says Mansukh L Mandaviya.
Futures contract part of efforts by Zhoushan to create an international bunkering hub rivaling Singapore.
Inspection found QN-0222 TS carrying nearly 40,000 litres of oil without bills proving cargo’s legal origin.
South African Maritime Safety Authority obtains letter of guarantee for approx. $359,000 for clean-up costs.
Port Klang-registered vessel detained over unauthorised anchoring in the waters of East Johor, says MMEA.
States it did not provide fuel to export firm and Iranian vessels due to entities being sanctioned by SDN and OFAC.
Iranian-flagged grain vessels Bavand and Termeh have been waiting for fuel at Paranagua Bay, Brazil since June.
Wikborg Rein lawyers offer a legal perspective on strengths and weaknesses of BIMCO’s IMO 2020 clauses.
