Publishes analysis: ‘The Effects of Changes to Marine Fuel Sulfur Limits in 2020 on Energy Markets’.
Firm in December entered into $42.4 million hybrid scrubber manufacturing agreement for 28 of its vessels.
‘We are confident that it is the right decision and one which best meets the needs of the shipping markets we serve.’
'We firmly believe in investing in our local partnerships to reinforce a close, enduring commercial bond.'
Group’s bunker department now mainly revolves around providing bunkering services for its own fleet.
Double Rich encountered loss of US $1.8 million in operations for FY 2018 due to slump in Q4 oil prices.
‘We are very pleased to receive this first order from Sembcorp Marine,’ said Chairman and CEO of GTT.
HSFO used in demonstration process has been reduced from 1.72% sulphur content to 0.38%, it confirms.
Spill took place during unloading operations in the Global Marine New York Container Terminal on Friday.
There may be more than meets the eye from Elhiblu 1 incident, suggests maritime risk agency Windward.