Policy will cover the difference between the agreed price and the higher price, paid out monthly, to help companies manage their fuel cost exposure, it said.
Elfrink, previously COO at another bunkering company, will be responsible for extending Orim Energy’s bunkering activities in the ARA region and Malta.
‘There must be a massive injection of capital into R&D to bring alternative fuels to the marketplace […] and the Hydrogen Council provides the right platform...
The industry doesn’t want to decarbonise just to be compliant. We recognise the biggest threat is climate change [...] and we want to be proactive, said...
Carnival awards Shell with multi-year contract to provide marine lubricants to its ships where it will also offset carbon emissions through Shell’s nature-based carbon credits.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Creditors’ meeting has been scheduled to be held electronically on 1 February at 10.30 am and Foo Kon Tan LLP has been appointed the company’s liquidator.
Group’s decision is based on Tumpuan Megah’s substantial contribution through its bunkering business to the company’s profits as well as projected earnings.
Election results will be announced during AGM at the end of February 2021 and newly elected board members will take up their positions in April.
Custom designed facility enables the company to offer independent service for scrubber repair and overboard piping solutions in North America for the first time.
