The first delivery of low-sulphur bunker fuel for Bangladesh Petroleum Corporation (BPC) reportedly arrived in Chittagong on Monday (14 September) from Singapore.
Oil Tanker MT TMN Pride carrying 15,000 metric tonnes of low-sulphur bunker fuel was berthed at Dolphin Jetty No. 5 of the Meghna Oil Company at Patenga.
The Bangladesh government in August approved Bangladesh Petroleum Corporation’s (BPC) proposals to purchase 150,000 metric tonnes (mt) of bunker fuel across July-December 2020
The proposals that were approved are to import 75,000 mt of bunker fuel through an international tender for Tk 222.1 crore (USD 26.3 million), and another 75,000 mt through government-to-government trades for Tk 216.7 crore (USD 25.6 million).
Related: ENOC Singapore and PTT International secures Bangladesh Petroleum Corp tenders
Photo credit: Gordon Johnson from Pixabay
Published: 16 September 2020
Prices for compliant fuels such as very-low sulphur fuel oil and marine gas oil rose quickly initially but now appear to be stabilising.
Preparations since 2008 pay off and supply of VLSFO to Russian domestic market alone expected to exceed 1.5 million tons.
Service helps medium and larger Beneficial Cargo Owners better understand fuel cost exposure.
‘In reality, the chances of postponing the Sulphur Cap 2020, are very, very small,’ explains Executive Director.
Inatech built ‘ShiptechLite’ for small-to mid-size shipping companies weathering Covid-19 related disruptions but lacks the tools and resources to do so efficiently.
Scrubber program covers four LR2s, two LR1s and eight MRs, it said in recent earnings release.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.
