Vessels that run on LNG receive a discount of 20% on port tariff each time they call until 2020.
Timothy Cosulich discusses how IBIA Asia is supporting members on 2020, harmonisation of Singapore’s bunker supply chain, and fuel contamination issues.
Covers Upstream, International Trading and Bunkering, Marine Transportation, and Zhoushan Oil Storage.
The Lighthouse Winmore, involved with bunker sales to North Korea, was left at Yeosu for eight months.
Marine fuel scrubber installation planning surged over the last six five months to include 842 vessels.
Tokyo and Paris MoU on Port State Control to start checks on vessel emissions compliance.
The firm, formerly known as Liberty Marine Aps, undergoes rebranding to clearer reflect activities.
‘We are most excited about the evolution of the market towards January 2020,” says CEO.
Profit of the bunkering business declined, resulting in lower profit on increased revenue year on year.
Tan Chong Han joins the Singapore-based bunker trading outfit with immediate effect.
