There are plans to build a $200 million bunkering facility likely at the Suez Canal Economic Zone (SCZone) at Egypt, says the Managing Director of Clarksons Shipping Agency.
Though the final location of the facility has not been selected yet, the company is in talks with two global firms to build the bunkering station, Mohamed Metawi told Daily News Egypt.
“We hope to seal the deal with one of the two companies in 2018,” he added.
According to Mohamed, Egypt is experiencing growth in its oil and gas sector. The demarcation process in the Mediterranean and the Red Sea has resulted Egypt issuing oil exploration tenders.
“This is why we are working to utilise these opportunities,” he notes.
Photo credit: Suez Canal Economic Zone
Published: 28 December, 2017
Glander International Bunkering (Norway) AS seeking payment of USD 115,963.52 (not including contractual compensation and interests) from the vessel’s demise charterer, according to court documents.
“In TotalEnergies, we already have projects along the e-Fuel value chain, from green electricity and green / blue hydrogen to e-Fuel production that will be integrated along the marine fuels value chain in time to come,” shares Louise Tricoire.
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.