Ben Wrinkley of global energy and commodity price reporting agency Argus Media on Wednesday (26 February) issued a report highlighting exceptions in coronavirus-related restrictions that Kuwait has placed on foreign vessels:
The coronavirus-related restrictions that Kuwait has implemented at its ports do not cover oil traffic.
The country’s communications ministry said “oil sector ships” were exempt from an earlier edict that it would not receive foreign vessels arriving from or departing to China, Hong Kong, Singapore, Japan, South Korea, Italy, Thailand and Iraq until further notice.
China, South Korea and Japan are the three biggest buyers of Kuwait’s crude. Sources at KPC confirmed that all oil exports are continuing uninterrupted.
The restrictions were imposed as the Middle East moves to prevent the spread of coronavirus. An outbreak in Iran, the deadliest outside China, has led to flight suspensions across the region.
Photo credit and source: Argus Media
Published: 27 February, 2020
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Total bunker sales at Panama was 378,710 metric tonnes (mt) in July compared to sales of 337,035 mt during the similar period in 2020, show PMA data.
‘Our main focus of OTT is to increase transparency towards our clients as well as minimise the time customers spend on getting bunker delivery status updates,’ Executive Director tells Manifold Times.
52 entities were fined between $300 and $3,000 each, while two had the licences of their pleasure craft and harbourcraft suspended by the MPA.
Vessel has been developed through a joint development project (JDP) between KR, KMS EMEC, and Singaporean shipping company Navig8, it said.
New Qushan anchorage reduces pressure on bunker supply, as the average waiting time at the southern anchorage is 18 hours and demand is expected to increase.
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.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
