Seeks to reclaim back amounts used for bunker supply to four COSCO vessels before OW Bunker collapse.
Secures long term tankage agreement with local oil storage company for both fuel oil and gasoil.
Ships to get cheaper fuel at Iranian bunkering sites instead of doing a 130-mile detour to Fujairah, says MD.
Sold 56,000 mt of marine fuel in 2018, lower compared to marine fuel sales of 62,000 mt in 2017.
Singapore High Court recently held an ‘Examination of Judgement’ session to determine available assets to satisfy the judgment debt, learns Manifold Times.
Hong Kong court hearing scheduled for 6 March; Singapore hearing to take place this Friday (18 January).
‘The Debtors are authorized to enter into the RSA and perform thereunder,’ states bankruptcy judge.
‘I am delighted to welcome Paul and Capt Segar as representatives from these organisations,’ says Chairman.
Some areas restricting discharge of washwater from open loop scrubbers or prohibiting use of scrubbers.
Price effects from implementing new standard will be most acute in 2020 and will diminish over time.
