Taiwan state-owned CPC Corporation Monday introduced two 1,999 dwt diesel electric powered newbuild bunkering tankers, Chung Yu No. 21 and Chung Yu No. 22, to the maritime market.
Construction of the mass flowmeter (MFM) equipped vessels was contracted to Singapore shipyard Triyards in 2016 and the vessels were transported to a Vietnam facility for trial tests in July 2017, it says.
The double-hulled vessels, which will be based at Kaohsiung port, each cost NTD $367 million ($12.4 million) and are the first domestic diesel electric powered ships in Taiwan with a hull capacity of over 500 metric tonnes (mt).
In a speech, Chairman Dai Qian noted CPC Corporation currently operating a total of nine traditionally fuelled bunkering vessels in Taiwan with the biggest ship having an oil carrying capacity of 1,550 mt.
The Chung Yu No. 21 and Chung Yu No. 22 each has an oil storage capacity of 2,700 mt and feature a propeller system that is able to reduce fuel consumption by up to 29% and carbon emissions by up to 313 mt per year.
They are expected make a “positive impact” to improve the efficiency of bunkering operations at Kaohsiung Port, he notes.
Photo credit: CPC Corporation
Published: 24 April, 2018
Seka will continue to supply high-sulphur bunker fuel in Piraeus and Kali Limenes after 2020, says company.
Current auditor cannot travel to PRC to perform any audit procedures on the outstanding financial results, it states.
Aegean did not file a written request within the specified time period to contest decision, said NYSE.
First meeting of creditors will be held on Tuesday, 12 January 2021 at 10a.m. (SG time) via video conferencing and pursuant to the Covid-19 Order 2020.
Exclusive provider of marine fuel at its Enterprise Hydrocarbons Terminal on Houston Ship Channel.
Bunker prices saw an uptick through the end of November compared to the first wave of Covid-19, but have remained low compared to the start of the year, it said.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
