Backwardation in the Asian 180cst and 380cst HSFO markets has widened to multi-month highs, driven by higher power generation and bunker fuel demand.
Tests expected to complete by the end of August to confirm suitability of produced oil for power and marine end-user markets as bunker fuel.
CO2 emissions and EEOI reference values initially covers standard Baltic vessels trading on dry bulk routes for which it provides spot freight assessments.
The Covid-19 pandemic in India, where the group’s assets of between USD 45 to 60 million, accounting, and reporting capabilities are located have affected expected pace...
Lim Huey Ching, daughter of Lim Oon Kuin, allegedly instructed an employee to ensure deleted items from computer servers could not be recovered.
Collaboration with Pertamina Patra Niaga to provide low sulphur 180 cSt fuel oil at Indonesia’s Sunda Strait will benefit country, says minister.
Illegal bunkering, third-party supplies and failure to pay taxes and levies are all violations of the law and those found culpable will face punishment, says NPA...
New investment marks ‘clear demonstration’ of Fremman Capital’s commitment to a more sustainable world, says VPS spokesman.
Kawasaki Heavy Industries, Ltd., Yanmar Power Technology Co., Ltd., and Japan Engine Corporation concludes a joint venture contract on Monday.
Biomass tech converts trash into low-carbon fuel for planes and ships while cutting costs and supporting transportation sector, says spokeswoman.