Delta Corp Holdings Ltd on Tuesday (3 May) said its member, Delta Energy, will begin offsetting marine fuel carbon emissions in the ARA region; the company has also started a carbon credit trading desk to support growing Environmental, Social, & Governance (ESG) demands of ship owners and cargo charterers.
Delta Energy has been offsetting its greenhouse gas (GHG) emissions since its physical operations, it states. It currently supplies marine bunkers to their clients from their carbon-neutral barges in the ARA and UK regions.
The company offsets CO2 emissions from through the purchase of VERRA and Gold Standard carbon credits by partnering with independent commodity supply agent Numerco.
A portfolio of emission reduction credits are utilised on a monthly basis to offset the greenhouse gases resulting from the combustion of gasoil onboard Delta Energy’s barges.
When bunkered from Delta Energy’s barges, the ship owners or charterers are assured of a carbon neutral supply and the ability to offset resulting GHG emissions from their own bunker purchases.
Delta Energy is now in a position to offer the same offset capability to their cargo clients of Delta Corp Shipping when transporting their bulk cargo’s.
“This is a vital step in the evolution of Delta Corp as a responsible business with the aim to minimise our carbon footprint and that of our customers. We see increased interest from shipowners and charterers wanting to undertake Carbon Neutral voyages, bunker purchases and this is an added service to our clients,” said Mudit Paliwal, CEO of Delta Corp.
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.