Signs up to support robust and transparent regulatory enforcement of IMO 2020 environmental regulations.
In January it raised approximately £1.51 million from shareholders, allowing it to temporarily continue business.
Development will increase proportion of revenue from PRM’s FSU business to near 50%, if carried out.
Coping with limited availability of HSFO, with price spreads relative to Singapore rising to record highs.
Panos Zachariadis of Atlantic Bulk Carriers and Jeremy Nixon of Ocean Network Express speaks to BIMCO Bulletin.
Latest draft recommends ban to all coastal areas within 12 nautical miles from China’s territorial sea.
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.
