Firm now funded in the short term to continue operating until early October 2019, says board.
‘Please be advised that Port of Fujairah has decided to ban the use of open-loop scrubbers in its waters.’
Applies to all vessels berthed within port waters and vessels on transit to and from any berth or anchorage.
Facility includes term loan to approximately USD 153 million and a revolving credit facility of USD 55 million.
Suggests sector to be subject of ‘continuous and close scrutiny’ in order to safeguard the environment.
APL Changi and Falstria Swan both released, show data from port state control organisation Paris MOU.
Bunkering vessel SJ Bravo was supplying 380 cSt grade to MT Ridgebury Purpose when fuel spilled.
Concludes 2018 as second largest bunker player at Panama with 450,000 mt of marine fuel supplied.
Proposed European Union emission trading system could affect bunker prices if implemented, it says.
Prohibited areas for restriction are inland river ECAs, port areas within coastal ECAs, and Bohai Sea.