Fuel oil produced from Sabba refinery in Manaus, with a portion delivered to a Petrobras-chartered vessel.
Straits Marine Services Pte Ltd formed to provide ship management services for company’s bunkering vessels.
Valero bought fuel oil cargoes totalling 117,726 barrels from Trafigura for loading at BOSTCO before delivery.
MOU covers cooperation in the fields of marine lubricant procurement, ship chartering and spot business.
Company’s 2019 strategy sees development in marine fuels, mining, heavy industry and agriculture space.
Port could become less important as a fuel supplier for ships in 2020 when IMO 2020 rules take effect.
Transfer of LNG bunkers between the two vessels at Visby, Sweden on 21 April marks important milestones.
Vessels designed for transporting forestry products and other goods in Gulf of Bothnia, Baltic and North Sea.
Government to spend at least RM1 million in oil spill clean-up activities, cost to increase if operations continue.
SIP assists ship owners in preparing for the use low sulphur fuels to comply with the 2020 sulphur limit.
