We believe methanol will be a transformative fuel in ocean freight, says Managing Director of IGP.
The company will now operate two offices and concentrate on niche markets, owner tells Danish shipping media.
Total of 17 men arrested, together with $2.29 million in cash and 12,000 dwt tanker seized.
The first of such vessels which ferry domestic waste was launch on 4 January, according to local media.
The Spanish company which starts operating from 1 January is a spin-off from Transcoma Shipping subsidiary Transcoma Bunkers.
Builds refinery using Eni Slurry Technology to convert refining residues into high quality light products.
'Our thoughts and prayers are with the seafarers still missing from the oil tanker Sanchi,' says IMO.
The company adds Cavalla to its fleet, company spokesman tells Manifold Times.
Company CFO, co-founder and head of the Dubai office has left, according to Danish media.
The Marshall Islands has voluntarily de-registered the firm from its corporate registry.