Hong Kong-listed Brightoil Petroleum has announced a delay in the release of its 2018 financial results.
“Further announcement(s) will be made in respect of the expected dates of publication of 2017 annual results and 2018 interim results and the despatch of 2017 annual report and 2018 interim report, and the meeting of the board for the purpose of, inter alia, approving and publishing the same as soon as practicable,” it said.
Earlier in February, Brightoil engaged an independent adviser to assist with the company’s review.
Manifold Times earlier reported Brightoil redeeming all outstanding unconverted Listed Convertible Bonds with a principal amount of $9.6 million in full on 12 February 2018.
Related: Update on suspension of trading
Related: Brightoil redeems $9.6 million in outstanding bonds
Published: 1 March, 2018
There should be enough supply in Singapore for eastbound vessels delayed by the Suez Canal blockage, but there is no noticeable increase so far, sources said.
Marine fuel sales at Panama Canal totalled 331,062 mt in February, according to Panama Maritime Authority.
Material enables up to 80% GHG emission reduction over the lifecycle compared to fossil fuels and can be taken in use without any fleet modifications, says Neste.
The 2008 built bunker tanker MT Fredericia operates at Portland, Tongue Anchorage and Falmouth.
Project Mayflower will look at the potential options for hydrogen production, transport and storage as a replacement fuel source for diesel and heavy fuel oil.
Taiwan first started implementing the sulphur cap in 2018 and even offered a subsidy to those who wish to switch to compliant fuel; SOx emissions have since reduced by 40%.
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
